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| Teaching Since: | Apr 2017 |
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bachelor in business administration
Polytechnic State University Sanluis
Jan-2006 - Nov-2010
CPA
Polytechnic State University
Jan-2012 - Nov-2016
Professor
Harvard Square Academy (HS2)
Mar-2012 - Present
A silver mine can yield 14,000 ounces of silver at a variable cost of $30 per ounce. The fixed costs of operating the mine are $63,000 per year. In half the years, silver can be sold for $46 per ounce; in the other years, silver can be sold for only $23 per ounce. Ignore taxes.
Opt-----------imi-----------sti-----------c P-----------ric-----------e $-----------46.-----------00 -----------Pes-----------sim-----------ist-----------ic -----------Pri-----------ce -----------$23-----------.00----------- $6-----------9.0-----------0 A-----------ver-----------age----------- Pr-----------ice----------- $3-----------4.5-----------0 S-----------ale-----------s R-----------eve-----------nue----------- $4-----------,83-----------,00-----------0.0-----------0 V-----------ari-----------abl-----------e C-----------ost----------- $4-----------,20-----------,00-----------0.0-----------0 C-----------ont-----------rib-----------uti-----------on -----------$63-----------,00-----------0-----------