Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Chrome File Edit View History Bookmarks Profiles Tab Window Help 78% Fri 1:57 PM OE Mail - Go( X = OH Week X Classavo X
Chrome File Edit View History Bookmarks Profiles Tab Window Help 78% Fri 1:57 PM OE Mail - Go( X = OH Week X Classavo X x Book.xIsx X Bb Welcome, X M Inbox (13, X E Google D X OUR TEA X M Home | U X C app.classavo.com/courses/W3BRWqj/assignments/a4ec4c06-af41-4896-858c-71945a82185d Update 20 BACK In-class 2 "Economy of a firm" END AND SUBMIT PG Time left Ford is planning to open a new assembly line. It costs $404 million. It will allow the production of 90,000 vehicles per year. Each vehicle costs $21,000 and is sold for $24,000. What will be the profit of the company from this line cumulatively for 5 years? 59 Please select the correct choice minutes left A $1,024M Go to question B $946M 2 3 C $151M D No profit, still in negative E $495M Previous Save now Next Bio.pdf 110-tavg-1-2-20....CSV 110-tavg-1-1-20....CSV Temperature_Mo....xIsx Show All XChrome File Edit View History Bookmarks Profiles Tab Window Help 78% Fri 1:57 PM OE Mail - Go( X = OH Week X Classavo X x Book.xIsx X Bb Welcome, X M Inbox (13, X E Google D X OUR TEA X M Home | U X C app.classavo.com/courses/W3BRWqj/assignments/a4ec4c06-af41-4896-858c-71945a82185d * 0 8 Update 20 BACK In-class 2 "Economy of a firm" END AND SUBMIT PG Time left Ford is planning to open a new assembly line. It costs $404 million. It will allow the production of 90,000 vehicles per year. Each vehicle costs $21,000. What should be the price of an average car for Ford to break even in 2 years? 59 Please select the correct choice minutes left A $19,456 Go to question B $21,001 1 2 3 C $23,244 D $25,489 E $27,087 Previous Save now Next Bio.pdf 110-tavg-1-2-20....CSV 110-tavg-1-1-20....CSV Temperature_Mo....xIsxChrome File Edit View History Bookmarks Profiles Tab Window Help 78% Fri 1:57 PM OE Mail - Go( X = OH Week X Classavo X x Book.xIsx X Bb Welcome, X M Inbox (13, X E Google D X OUR TEA X M Home | U X C app.classavo.com/courses/W3BRWqj/assignments/a4ec4c06-af41-4896-858c-71945a82185d Update 20 BACK In-class 2 "Economy of a firm" END AND SUBMIT PG Time left Ford is planning to open a new assembly line. It costs $404 million. It will allow the production of 90,000 vehicles per year. Each vehicle costs $21,000 and is sold for $24,000. How long will it take for the assembly line to break even? 59 Please select the correct choice minutes left A 2.2 years Go to question B 9 months 1 2 3 C 1.5 years D 1.3 years E 4 months Previous Save now Next Bio.pdf 110-tavg-1-2-20....CSV 110-tavg-1-1-20....CSV Temperature_Mo....xIsx
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started