ANSWERS) Semester 1 2025 (339401)
- DUE 7 April 2025
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DSC1520-25-S1 Welcome Message Assessment 1
QUIZ
Question 1
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Lighting Warehouse produces q solar lamps at a xed cost of R10 000 per week. Each lamp costs R150 to produce and is
sold for R350.
What are the equations for total revenue, total cost and pro t function?
a. TR = 350q; TC = 150q + 10 000; profit = 200q − 10 000
b. TR = 350q; TC = 150q + 10 000; Profit = 500q + 10 000
c. TR = 350q; TC = 150q; Profit = 200q
d. TR = 350q + 10 000; TC = 350q; Profit = −200q + 10 000
e. None of the given options is correct.
Clear my choice
Question 2
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Lighting Warehouse produces q solar lamps at a xed cost of R60 000 per week. Each lamp costs R300 to produce and is
sold for R600.
Calculate the break-even quantity per week.
a. 200
b. 120
c. 60 000
d. 300
e. None of the given options is correct.
Clear my choice
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