# 3E Economics par. 5.1

Par. 2.3 assignment 6b
Which calculation is correct?
A
p = 2.500 / 150
B
p = 2.500 / 250
C
p = 3.500 / 150
D
p = 3.500 / 250
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Slide 1: Quizvraag
EconomieMiddelbare schoolvwoLeerjaar 3

In deze les zitten 18 slides, met interactieve quizzen en tekstslides.

Lesduur is: 60 min

## Onderdelen in deze les

Par. 2.3 assignment 6b
Which calculation is correct?
A
p = 2.500 / 150
B
p = 2.500 / 250
C
p = 3.500 / 150
D
p = 3.500 / 250

#### Slide 1 -Quizvraag

Par. 2.3 assignment 13b
A
20 million
B
40 million
C
60 million

#### Slide 2 -Quizvraag

Par. 2.3 assignment 14
At € 8,- Germany has a ...
A
excess demand
B
excess supply

#### Slide 3 -Quizvraag

Price including VAT € 48,95
Price excluding VAT?
A
38,67
B
40,45

#### Slide 4 -Quizvraag

In profit calculations we always have to use the price ...
A
excluding VAT
B
including VAT

#### Slide 5 -Quizvraag

Profit calculations
Sales = amount of goods sold

Turnover = Sales x Selling price

( use Selling price excluding VAT )

#### Slide 6 -Tekstslide

Profit calculations
Purchase value = Sales x Purchase price

( use Purchase price excluding VAT )

Gross profit = Turnover - Purchase value

#### Slide 7 -Tekstslide

Profit calculations
Net profit = Gross profit - Operating costs

Examples operating costs:
- Wages
- Depreciation charges
- Rent

#### Slide 8 -Tekstslide

Assignment gross- and net profit
10 minutes

#### Slide 9 -Tekstslide

Assignment gross- and net profit
1 > 15.400                                     2 > 3.500
3 > 29,4%                                      4> 22,7%
5 > 1.430                                        6 > 9,3%
7 > 14.700                                       8 > 4.200
9 > 2.450                                           10 > 171,3%

#### Slide 10 -Tekstslide

Costs
Fixed costs <-------------------> Variable costs
Do not depend on turnover                          Depend on turnover
F.e. Rent                                                  F.e. raw materials

Fixed
Variable
rent building
wage temp
raw materials
wage manager
interest

#### Slide 12 -Sleepvraag

Assignment schedule costs ( 10 minutes )
q
TFC
TVC
TC
CpP
TR
TP
0
100
5.000
200
120.000
300
400
200.000

#### Slide 13 -Tekstslide

Assignment schedule costs
q
TFC
TVC
TC
CpP
TR
TP
0
180.000
0
180.000
-
0
-180.000
100
180.000
5.000
185.000
1.850
60.000
-125.000
200
180.000
10.000
190.000
950
120.000
-70.000
300
180.000
15.000
195.000
650
180.000
-15.000
400
180.000
20.000
200.000
500
240.000
+40.000

#### Slide 14 -Tekstslide

Break even point
Price per product € 600,-
Fixed costs € 180.000,-, Variable costs per product € 50,-

Revenue = 600q

Costs = 50q + 180.000

#### Slide 15 -Tekstslide

Break even point
600q = 50q + 180.000
550q = 180.000
q = 327,2 -> 328

Or
180.000 / ( 600 - 50 ) = 327,2 -> 328

#### Slide 16 -Tekstslide

Break even point
TR = TC

Or

fixed costs / ( price - variable costs )

And always round of upwards to the next number

#### Slide 17 -Tekstslide

Hw.
Par. 5.1 Assignments 5, 7 and 14