Jump to content
Sign in to follow this  

Econs EE help - Breakeven point of a company

Recommended Posts

Hey all,

 

I need help with my econs EE. Its about finding the breakeven point of a fast-food company. I have data on most of the variable costs as well as their revenue and am working on getting data on fixed costs. however, i was only able to get data for all of these on a 2 hour basis. Would this be enough to ensure a good ee on breakeven? also, is this topic 'econs' enough? do tell me if y'all need any more information on this

Share this post


Link to post
Share on other sites

As a fellow economics EE student, I think that the topic is fine and your data, too seems to be fine. I think that the data for 2 hours is enough, as long as your calculations and economic rationale behind it is right, but check that with your teacher to be sure. If 2 hours is a problem, then the daya for one or two days should be fine.

Share this post


Link to post
Share on other sites

I think 2 hour basis would be enough for this type of data.

 

Also, whether the topic is 'econ' enough would depend on the analysis of your data and what you are using this type of data for.

 

Hope this helps!

Share this post


Link to post
Share on other sites

thanks for replying so quickly! First, I'll be establishing the market structure that the firm is operating in, then I'll be plotting where the firm is on the respective market structure's breakeven graph and establish where it is and then outline my recommendations to the firm in order to reach a break-even point if it hasn't reached it yet. Is this alright? Or should I change my theory to something else?

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.