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how do you find total fixed cost?

how do you find total fixed cost?

Principles of Economics 2e
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter7: Production, Costs, And Industry Structure
Section: Chapter Questions
Problem 42P: A small company that shovels sidewalks and driveways has 100 homes signed up for its services this...
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how do you find total fixed cost?

 

AVC = TVCIQ Te Econ 2002: Microeconomics' Q+ FC Problem Set #2 Please submit through the D2L assignment dropbox. Draw all graphs neatly by hand, your answers written on a separate sheet(s) of paper. Do not rewrite the question. 1. Fill in the blanks in the table below. What is the value of TF FC? Total 1 Quantity Ital Q 4 W S TF+ PVC or A CXQ AFC- MC = 6 36003 $127 8 varable To cost bolal cast TVC 1 $100 50 Quantity 005 20-2-140-90 5+ $70 Average Post AC AVC Total 100 100 50 2 45 AC = TC/A 100 Total cost uanable Average cost Pixed Average cost AFC 215:54 41.5 $216 265 215 Quantity ¹43 sq 59 42.3 10.6 326 276 $4.3 $399 496 446 y $62 25 34 '43 10 $46 ✓ 50 50 % 100 40 MC 16 mare $37 12.5 39 $49 8.3 61 33 3496663995749.8 7.14 33 5507 6.25 97
Transcribed Image Text:AVC = TVCIQ Te Econ 2002: Microeconomics' Q+ FC Problem Set #2 Please submit through the D2L assignment dropbox. Draw all graphs neatly by hand, your answers written on a separate sheet(s) of paper. Do not rewrite the question. 1. Fill in the blanks in the table below. What is the value of TF FC? Total 1 Quantity Ital Q 4 W S TF+ PVC or A CXQ AFC- MC = 6 36003 $127 8 varable To cost bolal cast TVC 1 $100 50 Quantity 005 20-2-140-90 5+ $70 Average Post AC AVC Total 100 100 50 2 45 AC = TC/A 100 Total cost uanable Average cost Pixed Average cost AFC 215:54 41.5 $216 265 215 Quantity ¹43 sq 59 42.3 10.6 326 276 $4.3 $399 496 446 y $62 25 34 '43 10 $46 ✓ 50 50 % 100 40 MC 16 mare $37 12.5 39 $49 8.3 61 33 3496663995749.8 7.14 33 5507 6.25 97
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how do you know the total variable is 50 when finding the total fixed cost?

AVC = TVCIQ Te Econ 2002: Microeconomics' Q+ FC Problem Set #2 Please submit through the D2L assignment dropbox. Draw all graphs neatly by hand, your answers written on a separate sheet(s) of paper. Do not rewrite the question. 1. Fill in the blanks in the table below. What is the value of TF FC? Total 1 Quantity Ital Q 4 W S TF+ PVC or A CXQ AFC- MC = 6 36003 $127 8 varable To cost bolal cast TVC 1 $100 50 Quantity 005 20-2-140-90 5+ $70 Average Post AC AVC Total 100 100 50 2 45 AC = TC/A 100 Total cost uanable Average cost Pixed Average cost AFC 215:54 41.5 $216 265 215 Quantity ¹43 sq 59 42.3 10.6 326 276 $4.3 $399 496 446 y $62 25 34 '43 10 $46 ✓ 50 50 % 100 40 MC 16 mare $37 12.5 39 $49 8.3 61 33 3496663995749.8 7.14 33 5507 6.25 97
Transcribed Image Text:AVC = TVCIQ Te Econ 2002: Microeconomics' Q+ FC Problem Set #2 Please submit through the D2L assignment dropbox. Draw all graphs neatly by hand, your answers written on a separate sheet(s) of paper. Do not rewrite the question. 1. Fill in the blanks in the table below. What is the value of TF FC? Total 1 Quantity Ital Q 4 W S TF+ PVC or A CXQ AFC- MC = 6 36003 $127 8 varable To cost bolal cast TVC 1 $100 50 Quantity 005 20-2-140-90 5+ $70 Average Post AC AVC Total 100 100 50 2 45 AC = TC/A 100 Total cost uanable Average cost Pixed Average cost AFC 215:54 41.5 $216 265 215 Quantity ¹43 sq 59 42.3 10.6 326 276 $4.3 $399 496 446 y $62 25 34 '43 10 $46 ✓ 50 50 % 100 40 MC 16 mare $37 12.5 39 $49 8.3 61 33 3496663995749.8 7.14 33 5507 6.25 97
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