Q: Completed 58 out of 60 uestion 31 of 60 If output falls below equilibrium, marginal cost will be…
A: The output falls below equilibrium then there is a shortage where Qd>Qs and the marginal cost is…
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A: TC = q x AC = q3 - 30q2 + 5000 MC = dTC/dq = 3q2 - 60q
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A: Total cost is a sum of fixed cost and variable cost.
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A: Note :Since more than one question has been uploaded at a time , the first question will be answered…
Q: 40 points pasible tgraded results hidden) Just Juice pays their workers 99.0tk per day. The cost of…
A: A) Variable cost. No. Of labor when 300 quantity is produced = 4 Labor cost = 4*99 = 396 Cost of…
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A: Total cost TC = Fixed cost FC + Total Variable cost TVC
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A: Here, the marginal cost function is given as: C'(x)=-(2/25)x+53, when x is less than and equal to…
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A: ATC = TC / Q = (200 / Q) + 5
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A: Introduction: The term "fixed cost" refers to a cost that does not fluctuate when the number of…
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A: Fixed Cost remains same at all levels of output. Variable Cost varies with the changes in output.…
Q: a) A manufacturer’s marginal cost (MC) function is given by: 1000 MC = V3Q+12 Find the equation of…
A: We have, Marginal cost = MC(Q)= 10003Q+12 The function of the total cost (TC) is the integration of…
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A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…
Q: FarFlung make computer keyboards. They use both labour, L, and materials, M, in their production of…
A: Q = LM Q = 160,000 MPL = dQ/dL = M MPM = dQ/dM = L
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A: Total cost is the total economic cost which incurs in the process of production of that good.
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A: Given: Quantity Variable cost 1 10 2 20 3 40 4 80 5 160 6 30 7 640
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A:
Q: 1 points Seve Answr A firm produces 200 units and the total cost of production is $4o00. When they…
A: When Q1 = 200 units, TC1 = $4000 When Q2 = 220 units, TC2 = $4200 Change in Quantity = Q2 - Q1 = 220…
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A: Given quantities: Q = 0, 1, 2, 3, 4, 5 Total Cost, TC = 8, 9, 10, 11, 13, 19
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Q: Assume that it costs a company approximately C(x) = 400,000 + 140x + 0.003x? dollars to manufacture…
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Q: 8) A firms produces an output of 10 units, when their total cost is $50 and their fixed costs are…
A: All these costs are inter related. Q=10 TC=50 FC=10
Q: Q VC AVC TC ATC MC $30 1 $40 $50 3 $80 4 $90 What are the fixed costs? If the firm can sell its…
A: To complete the table we need following formula Total cost = Fixed cost + Variable cost Average…
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A: Fixed cost is the cost that remains same at all levels of output whereas variable cost is the cost…
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A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…
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A: Total cost = Fixed cost + Variable cost Total cost = Average total cost * output
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A: Given fixed costs = $6000
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A: Total cost is the sum of fixed cost and variable cost. Fixed cost does not depend on q whereas…
Q: Given - p=35−0.5QTC=0.5Q2+5Q D)What are the break-even quantities? E)What quantity minimizes total…
A:
Q: Assume TC = 400 + 2Q3 What is the marginal cost at the 4th unit? Enter as a value.
A:
Q: 11. If average total cost is 100 for a given output and marginal cost is 70) we then know that…
A: Average fixed cost refers to the fixed cost per unit.
Q: tion is TC = 200Q - 4Q² + 0.050, at what levels of output (Q) does the firm face diseconomies of…
A: TC = 200Q - 4Q2 + 0.05Q3 Average cost = TCQ = 200 - 4Q + 0.05 Q2 dACdQ =-4 + 0.1Q d2(TC)dQ2= 0.1…
Q: Assume that in the short run a firm is producing 500 units of output, has average total costs of…
A: Total variable cost is the cost that depends on the level of production chosen. It varies with the…
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A: Total cost = Fixed cost + Variable cost Total cost = average total cost * q
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A: We use the following formulas: Total Cost = Total Fixed Cost + Total Variable Cost Total Revenue =…
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- Answer all parts please Go Green is a business selling worm farm start-up kit for $12 each. This year, Go Green's fixed cost totals $110,000. The variable cost per kit is $7. a. What is the break-even point in number of kits? b. How many kits does Go Green needs to sell to earn a profit of $70,000? c. If the total fixed cost increases to $160,000 next year: i. What will Go Green's break-even point be in number of kits? ii. What profit (or loss) will Go Green have if it sells 30,000 kits? iii. How many kits will Go Green have to sell to earn a profit of $70,000?Show the total cost expression and calculate the EOQ for an item with holding cost rate 18%, unit cost P8.00, annual demand of 40000, and ordering cost of P48. *Please answer C with new equipment106,000cost is
- Q.(i) . Selling Price :Rs. 12 Per UnitVariable Cost : 2/3 of SPFixed Cost :Rs. 40,000You are required to calculate:(a) Sales to earn profit of Rs. 8000.(b) Also show the BEPs in Breakeven chart. Q.(ii). Use the following information and explain that how the reduction in selling pricewould affect the MOS?Particulars Rs.Selling price per unit 40Material per unit 12Labour per unit. 8Variable Overheads per unit 4Total Fixed cost is Rs. 8, 000. Full capacity of the Plant is 5, 000 units.Reduced selling price is Rs. 32 per unit.Output from a process contains 0.02 defective unit. Defective units that go undetectedinto i nal assemblies cost $25 each to replace. An inspection process, which would detectand remove all defectives, can be established to test these units. However, the inspector,who can test 20 units per hour, is paid $8 per hour, including fringe benei ts. Should aninspection station be established to test all units?a. What is the cost to inspect each unit?b. What is the benei t (or loss) from the inspection process?Metters Cabinets, Inc., needs to choose a productionmethod for its new office shelf, the Maxistand. To help accomplishthis, the firm has gathered the following production cost data: PROCESS TYPE ANNUALIZEDFIXED COST OFPLANT & EQUIP. VARIABLE COSTS (PER UNIT) ($)LABOR MATERIAL ENERGY MassCustomization $1,260,000 30 18 12Intermittent $1,000,000 24 26 20Repetitive $1,625,000 28 15 12Continuous $1,960,000 25 15 10Metters Cabinets projects an annual demand of 24,000 units forthe Maxistand. The Maxistand will sell for $120 per unit. a) Which process type will maximize the annual profit from pro-ducing the Maxistand? b) What is the value of this annual profit?
- Refer to (Total Time = 20 minutes (VA time) + 10 minutes (NVA time) = 30 minutes; Total Cost = $11.67 (VA cost) + $5.417 (NVA cost) = $17.087) the restaurant value stream map, and recompute the total value-added and non-value-added time and cost given the following new information. The chef's time is valued at $30 per hour, oven operation at $10 per hour, precooking order waiting time at $5 per hour, and postcooking order waiting time at $60 per hour. The $60 estimate reflects the cost of poor quality for a dinner waiting too long that might be delivered to the customer late (and cold). If a restaurant uses iPads to place orders and notify waiters when the customer's order is ready, the time on the order board (now an electronic order board) decreases from five to four minutes, and the prepared order wait time decreases from five to two minutes. Round your answer for the total revised time to the nearest whole number and round your answer for the total revised cost to three decimal…Your firm has discovered a cheap and efficient technology of turning used plastic bottles and bags into various products. You limit your attention to the following two production options: you can produce plastic utensils or helmets. In the "utensils" case your estimat ann revenue $25,000, while production will cost you $8,000. However, in your "helmets" option, you expect to sell 2000 helmets every year at $10 each and the average total cost of every helmet will be $3. What is your accounting ?profit if you decided to produce helmetsIf Mark produces five pairs of earrings, his total costs are a. $370. b. $360. c. $320. d. $400.
- How do the Modified Accelerated Cost Recovery System (MACRS) givetaxpayers a break?Problem 6Cannes Croissants (not a real company) wishes to determine the optimum production quantity for its topselling product, almond croissants. The annual demandfor almond croissants is 12,000 units. The setup costs fora production run of the croissants is US$15. The holdingcost per unit per year is US$0.50. Production is mostefficient when 80 croissants are produced per day. Thecompany operates 300 days during a year.a What is the economic production quantity (EPQ)?b How many production runs will there by per year?c What is the maximum inventory level?d What is the total annual cost (in US dollars)?e What is the length of a production run in days?When the output level is 100 units, what is the total cost of production. A. $2000 B. $20 C. $1000 D.