It costs a baker a fixed cost of $420 and variable cost of $2.10 per cupcake.A cupcake is sold for $4.90 each.(iii) Write an algebraic expression representing the cost C as a function of the number of cupcakes x that are produced.

Q: Engle sells chess sandwiches. The cost of ingredients (bread, meat, spices, etc.) to make a sandwich…

A: Total cost is the sum of total fixed cost and total variable cost.  Average cost is given as the…

Q: Calculate the value of average cost when the value of total cost is $100 and the no of units are 10

A: The average cost (AC) refers to the total cost per unit of output produced. The formula for AC is as…

Q: When the production volume (Q)is 50 units the total costs (TC)is (1500)omani RIyals and fixed costs…

A: Variable cost = Total cost- Fixed cost Average variable cost = Variable cost / Quanity produced

Q: (d) Define the cost function g(n) = cost of making n sandwiches. Assume the cost to make 800…

A: "Since you have posted multiple questions, I can only answer the first question, rest you need to…

Q: hen the production volume (Q)is(100)units and the total costs (TC)is (1500) omani RIyals and fixed…

A: Total cost TC = Fixed cost FC + Total Variable cost TVC

Q: Find total cost if average cost is $11 and the output is 24 units

A: Average Cost (AC): - it is the average value of total cost incurred on a specific unite of output.…

Q: If total cost is $100 and output is 13 units  Calculate the value of average cost

A: The given information is as follows:- Total cost of the firm = $100 Output = 13 units  We need to…

Q: When a firm produces 600 widgets with total cost of $1,300 and fixed cost of $800, what is the…

A: The variable cost per unit is the average variable cost.To calculate the average variable cost,…

Q: For a cost function C = 100 - 100 - 02 the average variable cost of producing 20 units of outout is

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

Q: Referring to the cost table above, what is the average total cost if quantity produced equals 300…

A: Total cost of a firm is the cost incurred by the firm by producing a certain amount of output. The…

Q: A firm manufacture robots, for which $10000 machinary is used. The additional per unit cost is $100.…

A: Given fixed cost = $10000 Variable costs = $100 Number of units = 5

Q: If average fixed cost is $30  Calculate total fixed cost if output is 30 units

A: According to the above question, the values given are:- Average fixed cost = $30 Output = 30 units…

Q: A firm has the production function f(xr, y) = 20r³5 y25. The slope of the firm's isoquant at the…

A:

Q: Cost (thousands of $) The graph shown on the right represents the cost C (in thousands of dollars)…

A: Cost refers to all the expense as well as the expenditure in a production process. These expenses…

Q: Cost A company buys and retails baseball caps, andthe total cost function is linear. The total cost…

A: Marginal cost shows the increment in the total cost by producing an additional unit of the cap.

Q: Find the average fixed cost when the total fixed cost is 156 and the number of quantity is 12 units?

A:

Q: Calculate the total cost function if average cost function is :- 36Q3 - 5Q2 + 10

A: We are given with the average cost function:- 36Q³ - 5Q² + 10 Also we know that :- TC = AC * Q

Q: A printer quotes a price of $7, 500 for printing 1,000 copies of a book and $15, 000 for printing…

A: Cost for printing 1500 Copies = Cost for Printing 2500 Copies - Cost for Printing 1000 Copies  =…

Q: Find the cost function for the marginal cost and fixed cost. Marginal Cost Fixed Cost (x = 0) dC…

A: Marginal cost: Marginal cost can be defined as the cost that is incurred on the production of an…

Q: referring to the cost table above, what is the average variable cost if quantity produced equals 400…

A: Average variable cost varies with the output produced

Q: In the short run , a firms total cost is $200 if it does not produce any units of output. Its…

A: When Q = 0, TC = TFC = $200, which stays unchanged across output levels. TC = TFC + TVC = TFC + AVC…

Q: (2) Minimize the average cost for the following total cost function (TC) by finding out (a) average…

A: Since you have asked a question with multiple subparts, we will solve the first three subparts for…

Q: referring to the cost table above, what is the total cost if quantity produced equals 100 units? a.…

A: Total cost is the overall cost which incurs in the course of production.

Q: By doubling a machine's inputs, the output increases three times. How does this affect cost and what…

A: The total cost incurred by a firm operating in a market includes fixed costs and variable costs.…

Q: The value of average cost is $20 Calculate the value of total cost when the total units are 6 units

A: # The formula for average cost is given as:- Average cost = Total cost / Output

Q: Given that fixed cost =230 and variable cost=12Q ; the total cost of producing 30 units of output…

A: The amount of product produced determines variable costs. Labor, commissions, and raw materials are…

Q: Refer to Table Cost.EX2. When production is 4 units, the firm's average total cost is about

A: Average Total Cost = (Total fixed cost + Total Variable Cost) / Output

Q: A cost function, Cix), is given below. Find the average cost per item when the required number of…

A: A cost function is a mathematical formula that illustrates how manufacturing costs change in…

Q: Find total cost if output is 39 units and average cost is $22

A: The Given information is as follows:- Output of firm = 39 units  Average cost = $22  We have to find…

Q: In detail, What is one example of a non-linear cost function and explain what factors cause the…

A: A cost function whose graph of total cost within a relevant range is not a straight line is defined…

Q: how to calculate total cost analysis

A: Objectives to calculate total cost analysis : Understand and define the critical variable and fixed…

Q: how do you know the total variable is 50 when finding the total fixed cost

A: TC = AC * Q ------------------- MC is a change in TC due to changing quantity by one unit.  MCn =…

Q: If you know that with 8 units of output, average fixed cost is $30 and average variable cost is $80,…

A: Average Fixed cost (AFC) is the fixed cost per unit of output. Average Variable cost(AVC) is the…

Q: A company is planning to manufacture mountain bikes. Fixed monthly cost will be $100,000 and it will…

A:

Q: Define Average unit cost,

A: There are different types of cost in production, total cost, average cost and marginal cost. Total…

Q: If the total fixed costs of manufacturing 100 fans is $7500. Calculate the average fixed costs.

A: The fixed cost of manufacturing = $7500 Total number of fans = 100

Q: It is given that the total fixed cost incurred by the firm is $300 and the total variable cost is…

A: The addition of TFC and TVC gives the total cost incurred by the firm for a perticular number of…

Q: What would be the value of average cost if total cost is $1600 and output is 24 units

A: The information being given is:- Total cost = $1600 Output = 24 units  We have to calculate the…

Q: Imagine a smartphone company has the following costs when they produce 200 phones: $50 in average…

A: When some product is manufactured, cost  takes place and process of business gets accelerated.…

Q: Emco Company has an assembly line of fixed size A. Total output is a function of the number of…

A: MPL = Change in Q / Change in L APL = Q / L L Q MPL APL 0 0     1 10 10 10 2 35 25 17.5…

Q: 1) Order size (inventory):The Liquor Control Board orders 30,000 cases of French wine in a year. It…

A: Disclaimer:  Since you have posted a question with multiple subparts, we solve the first three parts…

Q: Calculate the average cost when the total cost for the production of 3 units is $75

A: # Average cost is given as the ratio of total cost and the total quantity produces. That it:- AC =…

Q: A firm manufacture robots, for which $10000 machinary is used. The additional per unit cost is $100.…

A: Here machinary is the fixed cost = $10000 Variable costs = $100 Number of units = 5

Q: The variable cost per unit varies with output, whereas the fixed cost per unit is constant." Do you…

A: Total variable cost (TVC) is the total cost component that changes with a change in output, so AVC =…

Q: If average total cost is $100, average variable cost is $30 and output is 50 units. What is the…

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

Q: The "Sad Student" Company finds that it costs a total of C(q) = 9720 +500q – 1.5q² +0.005q Dollars…

A: The total cost function is the minimum total cost borne by a firm for any given level of output (q)…