Calculate the level of average cost to produce 39 units of output if the total cost function is (TC(у)\ -D\ 2.9y^2\ +124.5y\ +\ 128 \)

Q: Lamburgs Incorporated is attempting to predict the impact of a forthcoming environmental regulation…

A: The expected variable cost can be determined by the probabilities of various uncertain events. There…

Q: What is the value of the exponent in the costcapacity equation if a pump half the size of a similar,…

A: The value of correlation exponent can be calculated as follows:

Q: An average variable cost function is estimated as AVC = 96-2Q + 0.05Q2. Which of the following cost…

A: When average variable cost is given, total variable cost can be computed by multiplying AVC and…

Q: The manufacturer produces certain items at a labor cost per unit of 315, material cost per unit is P…

A: The breakeven point is the level of production at which the costs of production equal the revenues…

Q: The company you work for currently allocates insurance costs on the basis of cost per direct labor…

A: For department A: Rate direct labor hour(R) can be calculated as follows:

Q: . The short run Is less than one year Requires that at least one input is fixed

A: To find : The short run.

Q: The delivered-equipment cost for a fully equipped CNC machining system is $4.4 million. The direct…

A: Total plant cost can be calculated by using the following formula.

Q: Estimate the cost in 2011 of chemical processing equipment if the cost of a unit one-fourth its size…

A: Cost of ¼ of its size C1 = $60,000 in 2005 Exponent factor = 0.24

Q: What is the estimate of the cumulative average hours per unit required to produce the 5th unit of a…

A: Below is the given values: Learning curve = 70% First unit takes time  = 53 hours

Q: For a cost function C = 100 - 100 - 02 the average variable cost of producing 20 units of outout is

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

Q: Find the fixed cost if the total cost are 530 and the variable cost are 42

A: As per the question Total cost = 530 Variable cost = 42 Fixed cost = ?

Q: The revenue function R(x) and the cost function C(x) for a particular product are given. These…

A: We have been given that : R(X) = 200x - x2 C(X) = 5x + 7250

Q: Using the Unit Method preliminary cost evaluation technique. Find the total cost of constructing 22…

A: Unit Method is a very simple and quick method. Number of units are counted and are then multiplied…

Q: What will be the value of  average cost if Total cost is $405 and the output is 30 units

A: The data presented in the question above is:- Total cost = $405  Output = 30 units  We need to find…

Q: The average total cost of producing electronic calculators in a factory is $26 at the current output…

A: Average total cost is the total of all production costs divided by the amount of output produced. It…

Q: The average cost function is given as:- AC = 2.5Q2 - 40  Calculate the average cost for the 8th…

A: The information provided to us is as follows:- AC function is:- 2.5Q2 - 40 Also the quantity is 8…

Q: Find the minimum value of the average cost for the given cost function on the given intervals. C(x)…

A: (a) C(x) =x3+28x+128minimum value of the average cost over the interval 1≤x≤10Finding out average…

Q: From your knowledge of the relationships among the various cost functions, complete the following…

A: TFC = Production function which is not variable during short run. It remains fixed.…

Q: Estimate the cost of a 0.75 million gallon per day (MGD) induced-draft packed tower for…

A:

Q: The estimated cost for a multitube cyclone system with a capacity of 60,000 cubic feet per minute is…

A: Suppose, the capacity (CA) of new machine is 60,000, cost of new machine (C) is $450,000. Capacity…

Q: Find the total cost if the fixed cost are 1349 and the variable cost are 533.

A: Fixed cost=1349 Variable cost=533

Q: A manufacturer's total cost equation per day is given by the equation TC = 440 +4q+,0001Q². If each…

A: The functional connection that exists between costs and output is referred to as the cost function.

Q: Suppose the cost function is: C(q) 64.5g + 11600 %3D Using your average cost function, A(q) , find…

A: Cost function : C(q) = 64.5q + 11600 Average cost function, A(q) = C(q)/q = (64.5q+11600)/q = 64.5 +…

Q: A local non-profit group prints a weekly newsletter. Professional typists earn $10 per hour and can…

A: Assumptions:- Group of answer choices 5 pros + 0 volunteers ; $0 lunch and driving 0 pros + 10…

Q: An equation that can be used to determine the total cost, C(t), of the phone plan for t months is…

A: Total cost is the sum of fixed and variable cost.

Q: The Precision Machine Tool Manufacturing Company has the following total cost function:…

A: The total expenditure (cost) expended on capital to achieve a certain amount of production, both…

Q: What will be the average fixed cost if TFC Is $350 and the output is 50 units

A: Fixed cost is the cost that remains fixed at all levels of output. This is the cost that is…

Q: The revenue function R(x) and the cost function C(x) for a particular product are given. These…

A: The total revenue function shows the revenue a firm is able to generate when it sells different…

Q: If total cost is $370 Find the value of total fixed cost if total variable cost is $210

A: According to the above given question, the values given are:- Total cost = $370 Total fixed cost = ?…

Q: Refer to Table Cost.EX2. When production is 4 units, the firm's average total cost is about

A: Average Total Cost = (Total fixed cost + Total Variable Cost) / Output

Q: The average cost function is:- 21Q - 33 Calculate the total cost function

A: We are given that the average cost function of the firm is as :- 21Q - 33 We need to calculate the…

Q: For the cost function CO) = 100 - 20 - 302, the average fixed cost of producing 2 units of outout…

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

Q: Canning companies sell one can at a price of 30 dinars, and the fixed costs are 400 thousand dinars…

A: Price = 30 fixed Cost = 400,000 Variable Cost = 10 Sales amount = 50,000

Q: A cost function, Cix), is given below. Find the average cost per item when the required number of…

A: A cost function is a mathematical formula that illustrates how manufacturing costs change in…

Q: The chief economist for Argus Corporation, a large appliance manufacturer, estimated the firm’s…

A: We can use the given regression equation to estimate the average variable cost for the level of…

Q: If average cost function is :- 13Q - 54  Find the total cost function

A: The average cost function of the firm is given to us:- 13Q - 54 We are supposed to find the total…

Q: When the level of production is 7 units, the total cost is $ 56. Then the average variable cost is…

A: Production is important for any business. Four factors of production are required for the…

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

A: Total cost = Fixed cost + Variable cost

Q: The chief economist for Argus Corporation, a large appliance manufacturer, estimated the firm’s…

A: Average variable cost: It is a company's variable costs partitioned by the amount of yield created.…

Q: Determine if the statements and expressions regarding costs are true or false. True False All costs…

A: “Since you have asked multiple questions, we will solve the first and second questions for you. If…

Q: Write the MC function if the total cost function is TC = 100 + 120q + q^2

A: Given the total cost: TC = 100 + 120q + q2 MC = dTCdq

Q: Find the total cost if the fixed cost is $13 and the variable cost is $16

A: Actually in the given question, Fixed cost is = $13 Variable cost is given as = $16 Total cost = ?

Q: For the total cost function, TC = 30 + 22Q + 2Q2 , does this cost function imply that there is…

A: There exists diminishing marginal productivity of inputs if marginal cost is rising, meaning cost of…

Q: A survey of total project construction costs for a wide range of buildings (hospitals, schools,…

A: Suppose, the given total cost (TC) is $ 13,136,431. Share of mechanical cost (MC) is $2,511,893.…

Q: An engineer who owns a construction company that specializes in large commercial projects noticed…

A: Per quarter growth, g = 2.6% = 0.026 Number of quarters in 2 years, n = 8

Q: For the cost function CQ) = 100 - 20 - 30, the total variable cost of producing 2 units of outout is

A: Variable cost is the proportion of total cost which varies with the output produced higher the…

Q: For each of the following total cost curves, determine if the technology exhibits increasing,…

A: Return to scale: It means the rate by which output changes if all inputs are changed by the same…

Q: Find the fixed cost if the total cost are 530 and the variable cost are 42.

A: Given data: Total cost, TC=530 Variable cost, VC=42

Q: An engineer who owns a construction company that specializes in large commercial projects noticed…

A: Interest is the sum of money that a lender charges from the borrowers for using its money for a…