Q: A firm's average total cost of production is Rs.300 at 5 units of output and Rs.320 at 6 units of…
A: A firm's average total cost of production is Rs.300 at 5 units of output and Rs.320 at 6 units of…
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Q: The cost of producing 5-gallon water bottles is given by C(q) = 0.005q2 + 2q + 1000. If 2000…
A: Total costs, C(q) = 0.005q2 + 2q + 1000. Quantity = 2000
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Q: Average total cost is equal to:
A: Total cost is the sum of total variable cost and total fixed cost i.e., TC = TVC + TFC Total cost…
Q: Find economic profit if total revenue is $4000 , explicit cost is $700 and implicit cost is $500
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A: Given Total cost at output of 2 = 80 ATC = Total cost / output
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Q: For the cost function C(Q) = 100 + 4Q + 19Q2 + 2Q3, what is the marginal cost of producing the…
A: Answer to the question is as follows:
Q: The cost of producing 5-gallon water bottles is given by C(q) = 0.005q2 + 2q + 1000. If 2000…
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Q: The cost to produce x units is given by C ( x ) = 0.03x2 + 8.8x + 1600 + 6.8 square root of x. Find…
A: Marginal-Cost(MC) is the cost(c) of producing one additional unit. Given the cost-function(c(x)),…
Q: If a firm's total costs are $100 when 10 units of output are produced and $103 when 11 units of…
A: Marginal cost is the additional cost incurred with an additional unit produced.
Q: The marginal cost function of a company is given by MC 5+x, and the cost of producing 2 umits is 712…
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Q: Consider the following cost function: C(Q) = 1000+0.1Q I| Calculate total costs when Q=100 O 1,001…
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Q: Economic cost is equal to the sum of the explicit and the implicit costs True False
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Q: If TC = 108 + 20Q + 3Q2 , what level of Q generates the minimum average cost? Enter as a value
A:
Q: Suppose a firm faces the following cost function: C(q) = 36 + 16q – 8g² + 2q%
A:
Q: Given the following cost functions: TC=100+60Q-3Q2+0.1Q3 TC=100+ 60Q+3Q2 TC=100 + 60Q In each…
A: TC=100+60Q-3Q2+0.1Q3 AC=TC/Q= 100/Q+60-3Q+0.1Q2 In this case FC= 100 VC= 60Q-3Q2+0.1Q3 AVC=VC/Q=…
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Q: Find the value of TFC if average fixed cost is $50 and the output is 50 units
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Q: If TC = 88 + 140Q, what is the marginal cost when Q=29? Enter as a value. 1
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Q: if the total cost c=0.2q3 - 4q2 +1000, what is the marginal cost when q=100
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Q: The vertical distance between ATC and AVC is equal to TVC O AFC
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Q: Assume TC = 400 + 2Q3 What is the marginal cost at the 4th unit? Enter as a value.
A:
Q: If the total cost is C = 0.2Q³ – 4Q² + 1000, what is the marginal cost when Q = 10? A. 800 В. 20 C.…
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Q: Given = TC = f(q) = 0.3q2 -105q + 120,000 What volume should be produced for minimum cost? What…
A: Ans. The cost minimization level of output is 175 units.
Q: Suppose a firm faces the following cost function: C(q) = 36 + 16q – 8q² + 2q%
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Find the marginal cost, if TC is 4+2Q
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- If C = 0.0001Q2 + 3Q + 6000 is a total-cost function, find the marginal cost when Q = 100.Given the cost function , TC = 4q2 + 9 - calculte marginal cost ?If a firm's total costs are $100 when 10 units of output are produced and $103 when 11 units of output are produced, the marginal cost of the 11th unit is?
- If TC = 108 + 20Q + 3Q2 , what level of Q generates the minimum average cost?Enter as a value.if the total cost c=0.2q3 - 4q2 +1000, what is the marginal cost when q=100C(Q) = 100 + 20Q + 15Q2 + 10Q3 Based on the cost function, determine: The average fixed cost of producing 10 unit of outputs The average variable cost of producing 10 unit of outputs The marginal cost when Q= 10
- The total cost of producing the first q items is given by the formula C(q) = -2q^3 + 60q^2 + 1000 (For example, C(10) gives the cost of the first 10 items.) a.) Find the average cost of producing items 6 through 10 b.) Find the marginal cost when q = 8Suppose the cost function is C(Q) = 50 + Q − 10Q2 + 2Q3. What is the marginal cost of producing 10 units?The cost to produce x units is given by C ( x ) = 0.03x2 + 8.8x + 1600 + 6.8 square root of x. Find the marginal cost.
- The cost of producing 5-gallon water bottles is given by C(q) = 0.005q2 + 2q + 1000. If 2000 5-gallon water bottles are produced, fint the marginal average costGiven = TC = f(q) = 0.3q2 -105q + 120,000 What volume should be produced for minimum cost? What is the minimum cost?If marginal cost is greater than average total cost, then average total cost must be increasing. Group of answer choices True False
