Q: asing cost industry" Please explaing in
A: An ‘increasing -cost industry’ occurs due to entry of new firms for the increase(↑) in demand(DD).…
Q: If total cost is $2100 and the output is 40 units Calculate average cost
A: The information being provided to us is:- Total cost of the firm = $2100 Output = 40 units
Q: what is cost and revenue analysis?
A: Cost refers to the money payment made to the factors of production which are involved in the…
Q: If total cost is $3000 and fixed cost is $1000 Calculate variable cost
A: The data presented in the question above is:- Total cost incurred = $3000 Fixed cost = $1000…
Q: Q2. A company manufactures and sells wallets. The selling price is 54.90 AED per wallet. The total…
A: a) Cost function: C(x)=Ax+B Now, C(x)=50,000 ; x=2000 C(x)=32,120 ; x=800 Thus, 50,000=2000A+B…
Q: Number of TVs Per Day Total Cost Per Day 0 $100 1 $180 2 $220 3 $300 4 $400 5 $520 6 $660 The…
A: Average total cost = Total cost / output
Q: If explicit cost equals to $40000 and implicit cost $ 95,000 and the accounting profit is $23,000…
A:
Q: 1. Evergreen Fertilizer Company produces fertilizer. The company's fixed monthly cost is $25,000,…
A: Given Monthly Fixed cost = $25000 Variable cost = $0.15 per pound of fertilizer Selling price of…
Q: 1. Unit cost is another name for
A: To find : What is another name for unit cost.
Q: Calculate the profits when total cost is $2900 and the total revenue is $3300
A: # The difference between the total revenue and the total cost incurred by the firm gives the profits…
Q: Find the total cost if the fixed cost are 1300 and the variable cost are 1200
A: The monetary worth of goods and services purchased by producers and consumers is referred to as cost…
Q: In a building construction project, 7,500 feet of insulated ductwork is required. The ductwork is…
A: The total cost (TC) of any project is the sum total of total variable cost (TVC) and total fixed…
Q: Calculate the value of total revenue if profit is $3000 and total cost is $1800
A: According to the above given question,we have the values:- Total cost = $1800 Profits = $3000 Using…
Q: A mail carier at the U.S Postal Service works on Sunday delivering high priority letters and…
A: The cost function is the total work that the individual has to do in regards with the units of…
Q: Define the difference between a “cash cost” and a “book cost.” Is engineering economic analysis…
A: Cash cost: It refer to the cost which is paid by the person to some other person from his own pocket…
Q: The rental of property is considered as a. increment cost b. fixed cost c. variable cost d.…
A: Costs refer to the amount that is incurred for using the factors of production to produce goods.…
Q: For a given commodity, the line haul cost is $13 per mile. For a trip of 200 milesand a shipment of…
A: Answer - Given in the question - Line haul cost = $13 per mile Need to find - Cost for For a trip of…
Q: Use the values in the table below to answer the following questions. TC ATC MC 1 29.89 29.89 6 -(…
A: Total cost is calculated from summation of fixed cost and variable cost. It is also calculate by…
Q: Fifty years ago, Grandma Bell purchased a set of gold-plated dinnerware for $48, and last year you…
A: Meaning of Current Price Index or Consumer Price Index (CPI): The consumer price index refers to…
Q: For the cost function C0) = 100 - 20 - 30, the total variable cost of producing 2 units of outout…
A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…
Q: A company has a processing department with 10 stations. Because of the nature and use of three of…
A: The given Table -1 shows the cost center, IDC allocated, and operation hours as follows:
Q: How can we determine the Cost Basis?
A: Calculation of the cost basis of an investment shows the capital gain or loss on it. It indicates…
Q: How is the Handling Geometric Gradient Series process performed by economic engineers?
A: Geometric gradient series is a series of cash flows that will be either increase or decrease at the…
Q: Solve for A. Variable and fixed cost B. Estimated increase in cost for additional days…
A: Cost function = FC+MC* Q Whete VC = MC*Q FC = cost at Q=0
Q: In engineering economics, the term cost is used in many ways. What are they?
A: Engineering Economics helps in the study of economic principles and its application from a…
Q: In 1965 a wealthy Southwest Texas State alum donated $1.2M for a new football stadium. If the rate…
A: given In 1965 a wealthy Southwest Texas State alum donated $1.2M for a new football stadium. If…
Q: Please do fast, its important for me. Thanks in advance. Difference between the nominal cost and…
A: Nominal cost is the actual cost incurred while buying any good or service or while employing any…
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: What are some examples of "book cost" in Engineering Economics?
A: The expenses that are incurred for carrying out day-to-day transactions of a business are known as…
Q: A car wheel making company has the following data related to cost: Total Cost = $ 15000 + 1000X and…
A: Total cost = 15000 + 1000X Total Revenue = 2500 X
Q: A call center in India used by U.S. and U.K. credit card holders has a capacity of 1,400,000 calls…
A: Production capacity refers to the total amount of goods that can be produced by a firm with the…
Q: Jenkins Ltd manufactures remote control cars which sells for $500 each. The fixed cost is $70000 and…
A: Fixed costs are the costs which can't be altered in the short run and on the other hand the variable…
Q: If total revenue is $3600 and the per unit price is $30 What is the output sold
A: The data presented in the question is:- Total revenue = $3600 Per unit price = $30 Total output…
Q: If the total fixed cost is 4400 and the number units is 10 units find the average fixed cost?
A:
Q: If total revenue is $3500 and the price per unit is $70 Calculate output
A: The firms, or the producers are the entities who are involved in the production of goods, and…
Q: Cost Volume $15,000 3,000 $18,000 4,000 $20,000 7,000 The fixed cost element for the firm is a.…
A: Mixed costs have a combination of FC as well as VC. They have a some fixed element irrespective of…
Q: Costs 0 MC D ATC
A: The firm will shut down it's operations and exit the market at a point for a competitive firm is…
Q: Total variable Total product Total cost cost AFC AVC ATC MC $ 80 110 190 150 230 180 260 *220 300…
A: Average cost represents the per unit cost of production. Marginal cost is the incremental cost of…
Q: Consider the following data of a company for the year 1999: Sales = Rs. 1,20,000 Fixed cost = Rs.…
A: Use the below formulas to find the BEP. BEP = Fixed costP/V ratio P/V ratio = ContributionSales…
Q: 2. The total design and construction cost for a digester to handle a flow rate of o.5 million…
A: Answer in step 2.
Q: An operation with a learning rate of 0.2 takes 5 hours for the first iteration. How long will it…
A: Given:- Learning rate=0.2 Time for first iteration=5 hours To know:- Time to complete task for 2nd…
Q: If annual revenue is $560,000, determine the annual profit or loss.
A: When total annual costs are more than the total annual revenue, the firm incur an annual loss. When…
Q: Lavish Inc. finds that the total cost of producing and selling "D" number of ACU sets is…
A: PROBABILITY IS A NUMBER THAT REFLECTS CHANCE THAT A PARTICULAR EVENT WILL OCCUR. PROBABILITY CAN BE…
Q: all average cost can be calculated by deriving the per unit cost. True or False
A: Cost, an accounting or economic term, is used to define the expenses incurred by any individual to…
Q: A company has a fixed cost of $200,000 and a per unit cost of $35 what is the average cost per unit…
A:
Q: If fixed cost is $2100 and the output is 30 units Find AFC
A: The information we have in the question:- Total fixed cost is $2100 Output of the firm = 30 units…
Q: I’MABigCorp. produces and sells kitchen wares. Last year, it produced 7,000 can openers and sold…
A: Total cost is the sum of variable cost and fixed cost. Average fixed cost is the fixed cost of…
Q: . The average total cost pf producing 50 units is Rs.250 and total fixed cost is Rs.1000. What is…
A: To find: The average total cost pf producing 50 units is Rs.250 and total fixed cost is Rs.1000.…
Q: ABC Company produces 100 pendants per day. The total fixed cost for the plant is $6000 and the total…
A: Total fixed cost = $6000
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- What is the total annual cost of each machine using annual cost method?What is the formulae used to find unit cost?HeatAll, manufacturer of radiant heaters (great for heating outdoor dining areas, a “hot” item these past few years!), finds that it costs them $160 to produce each heater. The company has total fixed costs of $5 million. If the company manufactures 250,000 units, what is the unit cost?