(b) A firm has an average cost function A(q) = 125 q + q 2 16 − 4. where q is the firm′ s output. (i) Determine the level of output for average costs are minimum. (ii) Hence determine the range of values for which average costs are decreasing. (iii) What part of the decreasing range is practically feasible? (iv) Write an equation for the total cost function. (v) Hence calculate the level of output for which total costs are minimum. Can I get the answer for (iv) and (v) please

Q: Q2. A company manufactures and sells wallets. The selling price is 54.90 AED per wallet. The total…

A: a) Cost function: C(x)=Ax+B Now, C(x)=50,000  ; x=2000 C(x)=32,120 ; x=800 Thus, 50,000=2000A+B…

Q: The revenue and cost functions for a particular product are given below. The cost and revenue are…

A: According to the given information:

Q: Darrell owns a furniture store. His total costs are $225,000 per year, and his fixed costs are…

A: Total costs include all the costs that a firm incurs when producing a product. Fixed costs are the…

Q: The variation of the total production cost with the production rate for a process is defined as…

A: “Since you have posted a question with multiple sub-parts, we will solve first three subparts for…

Q: a) Determine the variable cost per unit and the fixed cost using the high-low method. b) What is the…

A:

Q: A division of Chapman Corporation manufactures a pager. The weekly fixed cost for the division is…

A: The goal of every firm is to maximize its profits. Profits are the excess of revenue receipts over…

Q: A company makes solar panels. The company’s revenue function, in dollars, is R(n)=10n , where n is…

A: Note: Since more than 3 sub-questions are asked, due to Bartleby policy we are allowed to answer not…

Q: J&J Company is considering publishing a paperback textbook on spreadsheet applications for business.…

A: Thank you for the question. As per BNED, we can answer 3 subparts per session. To get the answer for…

Q: 1 Average fixed cost equals a. Average total cost minus average variable cost b. Total variable cost…

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…

Q: Problem One: The fixed cost for a company is 1200 OMR and the variable cost is 2 OMR per 100 unit.…

A: The money spent to purchase the factor of production to produce the goods and services by firm is…

Q: (a) Find the number of hours for which each cost function will give the same cost. hours (b) !f the…

A: Fron the provided data, Acme (x); 140+10x Bell (x);200+4x

Q: A motorcycle company manufacturers produces a certain product at labor cost ₱500 each. Material cost…

A: A company has "broken even" if its net revenue and costs are equal, a concept known as the…

Q: Given the above information on cost, if you charge $15 per entry, what is the breakeven quantity of…

A: The measure that depicts the point total cost is in turn equal to the total revenue is known as the…

Q: A cost that is non-recoverable, such as the time and fuel costs spent driving to a ski area when…

A: Costs can be categorized into various types: implicit, explicit, sunk, accounting etc. out of…

Q: For a given commodity, the line haul cost is $13 per mile. For a trip of 200 milesand a shipment of…

A: Answer - Given in the question - Line haul cost = $13 per mile Need to find - Cost for For a trip of…

Q: The total cost (in dollars) of manufacturing x auto body frames is C(x) = 80,000 + 900x. (A) Find…

A: (A) The average costs refer to per unit cost of production. It is obtained by dividing total (TC)…

Q: Bags Fixed Cost Variable Cost Total Cost 0 $1,700 $ - $1,700 100 $1,700 $500 $2,200 200…

A: Break-even Analysis- Breakeven is the point at which a firm must cover its costs of production.…

Q: If the marginal cost is MC = 30'- +10, the fixed costs are 1, then the total cost TC= (A) Q'-e+100+5…

A: Given MC = Fixed costs = 1

Q: DuChien Corporation recently produced and sold 100,000 units. Fixed costs at this level of activity…

A: Total cost is the cost of using the factors of production for producing the goods. Total cost…

Q: A pharmaceutical company manufactures two brands of vaccines. The annual demand and cost functions…

A: Given,  A pharmaceutical company manufactures two brands of Vaccines A and B The Price of Vaccine A…

Q: A privately owned summer camp for youngsters has the following data for a 15- :weeksession Charge…

A: Given: Charge per camper=$130 per week Fixed Costs=$42,000 per session Variable cost per camper=$70…

Q: The difference between variable cost and fixed cost is that Select one: a fixed cost is paid even…

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…

Q: When the production volume (Q)is 50 units the total costs (TC)is (1500)omani RIyals and fixed costs…

A: Total cost TC = 1500  Fixed cost FC = 900  Varibale cost = Total cost - fixed cost

Q: C&A Fast Food has four activities in serving a customer: greet customer, take order, process order,…

A: The bottleneck activity, which has the longest processing time out of the four, will decide the…

Q: When the production volume (Q)is(100)units the total costs (TC)is (1500)omani RIyals and fixed costs…

A: Total cost TC = 1500 Fixed cost FC = 900 Quantity Q = 100

Q: 12 Precast Pools, Inc. sells their product for $3,000 each. At a volume of 20 units, their labor,…

A:

Q: A New York renewable energy company pays $0.18 per kilowatthour (kWh) for the first 10,000 units of…

A: Given,   Electricity used = 25,000 kW/month  Cost of 1st 10,000 units = $0.18 per kilowatt hour…

Q: The following are common examples of variable costs except A All of the above (B) Utilities…

A: The firms have to incur various types of costs to produce the goods and services in the economy. The…

Q: Leonard Presby, Inc., has an annual demand rate of 1,000units but can produce at an average…

A: It is given that the annual demand rate is 1,000 units and average production rate is 2,000 units.…

Q: The lawn ranger , a landscaping company , has total costs of $15,000 and total fixed cost of $13000…

A: The provided information are: Total costs = $5000 Total fixed cost = $3000

Q: Calculate total cost when TFC is $200 and TVC is $59

A: It's given that:- Total fixed cost = $200 Total variable cost = $59 We know that:- Total cost =…

Q: Q1) One of the industrial investors needed an analysis that would lead him to a break-even level…

A:

Q: Steve owns a bike store. His total costs are $1.2 million per year, his variable costs are $750,000,…

A: Total cost refers to all costs incurred by a firm in producing a certain level of output. Total cost…

Q: A certain company has a selling price of for their product of 1500-3/4x dollars per unit and fixed…

A: FC = $800 , Variable Cost = 1/4 x+1210 Total Cost (TC) = Fixed cost + Variable cost Xquantity Total…

Q: Total Variable cost is 560,000 OMR total units sold is 7000 units, total fixed cost is 160000…

A: Total cost (TC): - it is the sum of fixed and variable costs incurred in the production process.…

Q: mall plant manufactures riding lawn mowers. The plant has fixed costs (leases, insurance, and so on)…

A: Break even situation refers to the economic condition where the firm earns zero profit or total…

Q: 2. The total design and construction cost for a digester to handle a flow rate of o.5 million…

A: Answer in step 2.

Q: Student tuition at Boehring University is $180 per semester credit hour. The state supplements…

A: In economics, productivity refers to the quantity of output produced per unit input. Productivity is…

Q: Can you please answer parts d & e below only as you have answered the first 3 parts previously:…

A: Given; Fixed cost= 50000 Average variable cost= 10000Q+Q20000

Q: Given that the relationship between the sales price for one of a company's products and the quantity…

A: Total revenue is the amount earned in monetary terms after the sales of all the quantities at the…

Q: Yamaha company sells auto parts. One of auto part has selling price for $110. Yamaha company buys…

A: Given,   Selling price = $110  Variable cost (VC)= $80            Average unit sold = 40 units

Q: Biwei decides to set up a small business in NYC. The start-up cost is $1000 for a license and the…

A: Perfect competition is a market structure where price = marginal cost at equilibrium in the short…

Q: Suppose a company has fixed costs of $300 and variable costs of 3/4 x+1460 dollars per unit, where x…

A: Hey, Thank you for the question. According to our policy, we can only answer up to 3 sub-parts per…

Q: A manufacturer assembles personal computers. If the computers are priced at £1,000 each, the company…

A: Given information: At a price of 1000, sales are 30 units At a price of 800, sales are 50 units The…

Q: A call center for insurance-company inquiries has a capacity of 2 million calls per year. The fixed…

A: Fixed cost = $900,000  variable cost = 1.9  Total variable cost = 1.9n  Total cost = 900,000 + 1.9 n…

Q: If a hospital cafeteria is the activity to receive indirect cost allocation for the year, cost…

A: Indirect cost is the cost of something that is not directly involved in making a particular product…

Q: d. Show that the cost function is non-decreasing in w,r and q.

A: Cost function is non- decreasing in w, r and q

Q: A company is planning to manufacture wheelchairs that are light, fast, and beautiful. Fixed monthly…

A: In economics, a CF {"cost function"} is described as a function of an output quantity and prices of…