$10 MC ATC 9 8 AVC 7 2 1 2 3 4 5 6 7 8 9 10 Quantity (in 1,000s) What is: (1) AVC at 6000 units of output? q4 Per unit (2) ATC at 6000 units of output? 5.5 Per unit (3) AFC at 6000 units of output? 55.5-4:15 (4) TVC at 60Ỏ0 units of output? UX6000= 24000 (5) TFC at all levels of output? .ら×6000-9000 (6) TC at 10,000 units of output? (7) When does diminishing returns set in? Gooouhits Suppose this firm operates in a perfectly competitive market. (8) If the market price (the price the firm must take) is $3, what quantity maximizes profits? What is profit? (9) If the market price (the price the firm must take) is $5.50, what quantity maximizes profits? What is profit? (10) If the market price (the price the firm must take) is $9, what quantity maximizes profits? What is profit? Cost per unit Fill in the following table! Assume the firm operates in a perfectly competitive market and can sell an unlimited amount at the going market price. What quantity should the firm produce? OUTPUT PRICE FC VC TC TR AR AC MR MC Profit 1 10 7 15 4 14 12 19 24 25 7 45 Recalculate, given the small increase in fixed cost and the change in the going market price. What quantity should the firm produce? OUTPUT PRICE FC VC TC TR AR AC MR MC Profit 1 6 10 7 3 15 30 4 14 24 25 45

Q: month. (Green power is generated from solar, wind power, and methane sources.). a. If a certain…

A: The Average Cost is the per unit cost of production obtained by dividing the total cost (TC) by the…

Q: The Smelting Department of Sunland Company has the following production datafor November. Beginning…

A: Given:- Units completed and transferred out=8460 Ending work in progress=6580 which is 100% complete…

Q: $ 17.50 per unit p. Does price equal or exceed average variable cost for the first 100 units? Yes…

A: A perfectly competitive firm is a price taker and can sell any quantity of the commodity at the…

Q: ete's Paper Processing processes paper to sell to office supply stores. They sell several lines f…

A: The daily demand is 15 pallets. Daily production rate is 35 pallets.

Q: A- The fuel cost ($/h) for the two generating units in a certain plant are given by: 2 F, = 0.06P, +…

A:

Q: Q5. A risk analysis has been performed, and the risk has been calculated at 0.05 fatalities/yr. A…

A: The risk before the risk reduction measure = 0.05 fatalities/year The risk after the risk reduction…

Q: Question 7 (Breakeven Analysis)  You decided to sell Only coffee using Nespresso machine during…

A: Given: Nespresso Machine Cost =3,000 SAR One brown sugar = 0.5 SAR, one disposable cup =1.5 SAR, one…

Q: Calculate the missing values. Express dollar values rounded to two decimal places and break-even…

A: The cost that tends to vary with the level of output is variable cost while the cost that does not…

Q: For all True/False questions, you must explain why the answer is true or false. 1. sold last year,…

A: here we find whether the given statement is true of false by the following method as follow:-

Q: Your company plans to raise price on product A by 5% per year. Due to competition, sales volume from…

A: Introduction Our business intends to increase the cost of Item A by 5% annually. The volume of sales…

Q: 3. A plywood manufacturer produces a piece of plywood as a labor cost of PO.50 and material at…

A: Break-even point refers to the situation where the total revenue is equal to total cost.

Q: 2-17 Consider the accompanying breakeven graph for an investment, and answer the following…

A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and…

Q: 5. Ocean water contains 25 grams of gold per ton. Method A costs P27,500 per ton of water processed…

A: Capital investments can refer to a financial institution's loan to a business or to the purchase of…

Q: The following are data from a production, calculate; The Break-even point in terms of sales value…

A: In the question above, it is given that : Monthly Fixed Factory Overhead Cost = P 600,000…

Q: Mary, a law student in a University, wants to buy a book on Negotiable Instruments. To do this, she…

A: Given:i)Fixed cost=Rent of oven+Rent of baking panFixed cost=1,400+300Fixed cost=P 1,700ii)Variable…

Q: turer produces a pair of gloves at labor cost of 15 and a material cost of 40 a pair. The fixed…

A: Given fixed cost = 90000 Labor cost = 15 Material cost = 40 Other variable cost = 15 Total variable…

Q: 1. A firm has estimated that the fixed costs of operations for a new product at $4.5M per year.…

A: Solution:- 1)  Here X = break even units Here TC = 4500000 + 250X TR = 1000X break even occurs when…

Q: Suppose the power plant should generate Qunits of electricity. There are 3 alternatives for…

A: Given MC1 = 37 +32q1 MC2 = 88 + 21q2 MC3 = 148 +15q3

Q: The wholesale cost of a Digital Sound system is $1,750. The original markup was 62% based on selling…

A: The wholesale cost of a digital sound system is $ 1,750 If the original mark-up is based on the…

Q: A hollow biocks making business can produce 15,000 pieces per week. Their manager determined that in…

A: Here we calculate the profit efficiency by the following method as follow;

Q: 12. A ceramics manufacturer sold cups last year for P7.50 each. Variable costs of manufacturing were…

A: The dollar amount of revenue at which a company earns a profit of zero is referred to as break even…

Q: A product has a daily demand of 60 units. Ordering cost is RO 200, and holding cost is RO 3 per unit…

A: Daily demand = 60 units Working days = 250 per year therefore Annual Demand = 60*250 = 15,000…

Q: Quest io n 12 A manufacturer can sell a certain product for R80 per unit. Total cost consists of a…

A: Answer: The total cost function is given below: Cx=Fixed cost+variable cost×quantityLet the quantity…

Q: let's say you have a project that has an initial investment of $3 million and annual after-tax cash…

A: Given: Initial investment=$3 million Annual after-tax cash flows for 5 years= $1 million…

Q: 3. A cIvil engineer has invented a walling material that sells for P1,500/ur of his company is…

A: Selling Price = 1,500  Fixed Cost = 210,000 Variable Cost = 800/unit

Q: Fixed costs for Universal Exports are $600,000 annually. Its main-line export item is sold at a…

A: Total Revenue = Total Cost Total Cost = Total Fixed Cost + Total Variable Cost Total Cost = $600,000…

Q: Graph on right, shows AW of costs versus number of service years of project X. Based on the graph,…

A: Economics is a subject that deals with the effective allocation of scarce resources among…

Q: The manufacturer of Brand A automobile tires claims that its tire can save 120 gallons of fuel over…

A: Given Brand A tire can save 120 gallons of fuel over 56,000 miles of driving, as compared to a…

Q: The ore of a gold mine in the Mountain Province contains, on the average, 0.5 gram of gold per ton.…

A:

Q: With that money, you are going to buy a new 3D printer. You estimate that you will print 10,000…

A: Requirement = 10,000 watches per year Time Period of machines (N) = 8 years

Q: ar sales for a dealer in Cook County, Illinois, for the past year are shown in the following table,…

A: The cost and quantity of labor and products in the commercial center not entirely settled by buyer…

Q: 7. A small shop in Bulacan fabricates portable threshers for palay producers in the locality. The…

A:

Q: Amazing Airlines has the following customer metrics: Average customer relationship length: 8 years…

A: Customer lifetime value is the total value that a customer provides to a particular business over…

Q: 1. Let $1 = .78 € How much would a 20,000 € automobile cost in US$ $25,641.03

A: Given data: $1=0.78€ Cost of automobile is 20000€

Q: A contractor has a job which should be completed in 100 days. At present, he has 80 men on the job…

A:

Q: .What is the equivalent annual cost of the Econo-Col model? (Do not round imermediate calculations.…

A: the equivalent annual cost is the cost per year of owning and operating an asset over its entire…

Q: (a) What do you mean by inventory carrying cost and ordering cost?

A: Inventory, often known as merchandise, refers to items and commodities that a company keeps on hand…

Q: We have the following K-T conditions: 1-10z + 3 – 6A 0 & x(10z+3 – 61) = 0 %3D 2-10x +1 – 3A0 &…

A:

Q: Refer to problem 1. The AE function is equal to * O AE =10400+0.8Y O AE= 11200+0.8Yd O AE= 7800+0.8Y…

A: The aggregate expenditure represents the current market value of all the final goods and services…

Q: An artisanal manufacturing plant has 30 horsepower of connected load and consumes 2,800…

A: Introduction A consumer consumes 2800 kilowatt hours monthly and the manufacturing load of the plant…

Q: 5. A plastic company operates 300 days a year. It produces and supplies 300,000 plastic caps for…

A: Operates = 300 days Supplies = 300,000 plastic cups Production = 12000pcs Annual Carrying Cost =…

Q: A company has a production capacity of 500 units per month per month and its fixed costs are…

A: Total cost refers to the sum of Fixed and variable cost. Variable cost changes with the level of…

Q: A mechanical engineer is considering building automated material-handling equipment for a production…

A: To get the present worth with the first alternative: Annual cost(P/A, rate, year)=-9200(P/A,…

Q: 8) The failure rates of transistors in a computer are summarized in the following table. End of week…

A: Individual Replacement cost = $8 Let us assume that there are 100 transistors. Per week probability…

Q: Quattro began operations in April of this year. It makes all sales on account, subject to the…

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

Q: Ari's Cat Princess produces a line of luxury cat treats designed to appeal to elderly cats They are…

A: Given: The demand for treats is- 50 cases per day The capacity for producing the product is - 90…

Q: Mutale, a lawyer, working for a large law firm and earning K60, 000 per year, is contemplating…

A: Explicit costs are the expenses made on the tangible goods and services by the firms and are…

Q: Required 1-a. Calculate the contribution margin for 6,000 units for both the current and special…

A: Variable cost is the production cost that will change with the change of production level of the…

Q: Given your solutions for Qdx in #13 and #14, compute the percentage change in Qdx due to the change…

A: As per the law of demand, price has an inverse relationship with quantity demanded