Q: Total revenue of the firm is $3500 and the price per unit is $70 Calculate output
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A: # The relationship of average revenue and total revenue is:- AR = TR / Q
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Q: If average revenue is $44 and output is 20 units Calculate total revenue
A: Given information, Average Revenue (AR)= $44 Total output (Q)= 20 units To find: Total Revenue
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A: Given information is as follows:- Total revenue = $70 Output = 5 units We need to find the value of…
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Q: The value of Total revenue is $400 and the average revenue is $40 Calculate the output
A: # if we are given the value of total revenue and average revenue then we can easily calculate the…
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Q: A firm collect $300 by selling 5 bicycle and collect $330 by selling 6 bicycle. Calculate the…
A: The selling price of 5 units (bicycle) = $300 The selling price of 6 units (bicycle) = $330
Q: Calculate average revenue when quantity is 13 and the total revenue is 550
A: # We know that the average revenue is Given as:- AR = Total cost / Total quantity
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A: Given : Total Revenue for his Law Business ($) = $240,000
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A: Average product = Total product / number of labors
Q: The total revenue generated is $400 and the output is 12 units Find the value of average revenue
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A:
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Q: Sam owns and operates ye olde yogurt shoppe. His revenue this year was $135,000. he paid food…
A: Answer: (1). Accounting cost (or explicit cost): it refers to the explicit costs only. Explicit…
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A: The information given to us is:- Price per unit = $25 Total revenue of the firm = $7400 We have to…
Q: Calculate the value of average revenue when total revenue is $400 and the no of units employed are…
A: Average Revenue is given as:- = Total revenue / No of units of employed
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Q: The total amount spend on production of 500 machines are $100 billions. The selling price of machine…
A: The cost of producing 500 machine = $100 The selling price of one machine = $25
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A: Formula to find total output: Total output = Average product of variable input * Quantity of…
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Q: The total amount spend on production of 500 machines are $100. The selling price of a machine is $…
A: The cost of producing 500 machines (Total cost) = $100 The selling price of one machine = $25
Q: Total revenue is given as $500 and the quantity is given as 30 units. Calculate average revenue
A: # The average of total revenue which is gained on a single unit is given as average revenue.
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Q: 1. (a) Calculate the marginal and average product from the following table. Labor Total product 200…
A: MP(marginal product) and AP(average product) are calculated as: MPn=TPn-TPn-1APn=TPnL
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Q: For a cement firm, the total revenue for the previous month was $6300 The price per unit of cement…
A: The data from the question given is:- Total revenue for precious month = $6300 Price per unit of…
Q: Calculate the value of total revenue when average revenue is $77 and the no of units sold is 7
A: # The formula for average revenue is:- AR = TR/Q So TR = AR * Q
Calculate the value of TR when average revenue is 30 and no of units employed is 10
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- Calculate the value of total revenue when average revenue is $77 and the no of units sold is 7Calculate the value of average revenue when total revenue is $400 and the no of units employed are 24The total amount spend on production of 500 machines are $100 billions. The selling price of machine is $ 25. Calculate the total revenue of the firm.
- Top 4 largest firms in the industry produces 750,000 unit while the total production of the Industry is 1,250,000 unit. Calculate CR4A measure calculated by taking the ratio of output to input.The total cost to produce hundred motors bikes is $1000. Calculate the average cost of producing the motorbikes.
- Calculate the price per unit if quantity sold is 34 units and the revenue generated out of it is $1500Sam owns and operates ye olde yogurt shoppe. His revenue this year was $135,000. he paid food supplier $50,000 for fruit, yogurt and milk and paid $5000 For paper and cleaning supplies. In addition to working again the store himself, he hired student lady to work part time and it cost him $25,000 in labor costs. He paid $12,500 to rent his store. He borrowed money from bank and had to pay them $5000 in interest costs. To run his company, sam gave up $50000 per year job and $1500 in interest amount he put into the business. He estimates that companies similar to his earn at least $6750 over costs. 1. separate(list) sam's accounting costs into fixed costs be variable costs by name and amount. 2. list each of sam's implicit costs by name and amount 3. calculate sam's economic profit/loss. Show what costs are included, and if Sam expects the Sam revenue and costs next year, he should continue in this business? Why/ why not?The total amount spend on production of 500 machines are $100. The selling price of a machine is $ 25. Calculate the profit of the firm.
- given belowIn 2004, Safari Corporation’s total sales reached $1.2 million. By 2010, sales had climbed to $4.25 million. What is the growth in sales for Safari Corporation per year?In the USA, what percentage of total employment in SMEs have fewer than 20 employees? A. under 20% B. 50% C. 60% D. over 80%