Please refer to the figure below. The equation for p = 105-0.005D 25,000+65D Y D (units sold) How much is the fixed cost? O A. BD65 ов. BD22,500 O C. BD12,500 O D. BD25,000
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- Which costs are measured on per-unit basis: fixed costs, average cost, avenge variable cost, variable costs, and marginal cost?If you know that average variable cost is at a minimum, then you can deduce that marginal cost is higher than average variable cost. O marginal cost is equal to average variable cost. O marginal cost is lower than average variable cost. none of the available choices are correct. Note:- Please avoid using ChatGPT and refrain from providing handwritten solutions; otherwise, I will definitely give a downvote. Also, be mindful of plagiarism. Answer completely and accurate answer. Rest assured, you will receive an upvote if the answer is accurate.A company handles an apartment building with 50 units. Experience has shown that if the rent for each of the unit is $760 per month, all the unit will be filled, but 1 unit will become vacant for each $20 increase in this monthly rate. If the monthly cost of maintaiing the apartment building is $12 per rented unit, what rent should be charged per month to maximize the profit? $ =
- he fixed costs for a certain item are $205 per week. The fixed cost is the y-intercept. The cost to produce each item is $4 per item.Using this information, what is the cost equation? Give your answer in slope-intercept form:y= The retailer intends to sell each item for $15/item.Using this information, what is the revenue equation? Revenue is the amount of money the retailer gets. Give your answer in slope-intercept form:y= f 21 items are made, what is the total cost to the retailer? What is the revenue from selling 21 items? Finally, what profit did the retailer make when they sell 21 items? Note: Profit = Revenue - Cost.According to Accountants cost of production consist of both explicit and implicit cost ----a) Yes.b) Not surec) Falsed) none of the mentionedABC Company is the manufacturer of a low-noise air-purification system. Its current capacity is 10,000 units/month, but ABC received orders totaling 9,000 units each month. Currently, ABC sells its system at a price of $200 per unit, its fixed cost is $500,000/month, and its variable cost is $100/unit. Note that currently, half of ABC’s variable cost is materials, and the other half is labor cost (wages for workers). ABC wants to consider cutting its price by 10% to stimulate demand. If ABC expands its capacity, it will have to lease additional manufacturing machines, each of which will cost $20,000/month to lease and can add 1000 units to ABC’s capacity. All existing workers are already working full-time. So, if ABC expands production, ABC has to either pay existing employees for overtime (1.5 times the regular wages) or hire new workers, who are expected to be paid 90% of the hourly wage of existing workers but produce only 75% of the hourly output of existing workers. (a) What is…
- Suppose a firm decided to leave a high-cost/ high-tax state like California to reloacte to a low-cost / low-tox state like Nevada. They are doing this because they will be able to save 30 percent on the cost of their labor (employees) and becouse the Nevada state government is giving them generous state tax incentives for new machinery and free land. This decision would be a good example of economies of scale. (Telsa car battery factocy story) True or FalseTC = 144 + 27Q + 3Q2What is the average fixed cost when 17 units are produced?Enter as a value. ROUND TO TWO DECIMAL PLACES.Suppose a company has fixed costs of $300 and variable costs of 3/4 x+1460 dollars per unit, where x is thetotal number of units produced. Suppose further that the selling price of its product is 1500−1/4 x dollars per unit.(a) Find the break-even points.(b) Find the maximum revenue.(c) Form the profit function from the cost and revenue functions and find maximum profit.(d) What price will maximize the profit?
- Give the formulas for cost and plot AFC, MC, AVC, and AC if the cost function isa C = 10+10q (MC = 10)b C = 10 + q2 (MC=2q).c C = 10 + 10q - 4q2 + q3 (MC = 10 - 8q + 3q2).Inventory Costing Methods—Periodic MethodThe Luann Company uses the periodic inventory system. The following July data are for an item in Luann's inventory: July 1 Beginning inventory 30 units @ $9 per unit 10 Purchased 50 units @ $11 per unit 15 Sold 60 units 26 Purchased 25 units @ $13 per unit Calculate the cost of goods sold for July and ending inventory at July 31 using (a) first-in, first-out, (b) last-in, first-out, and (c) the weighted-average cost methods. Note: Round your cost per unit to three decimal places, if needed. Then round your final answers to the nearest dollar. A. First-in, First-out: Ending Inventory Answer Cost of Goods Sold: Answer B. Last-in, first-out: Ending Inventory Answer Cost of Goods Sold: Answer C. Weighted-average cost: Ending Inventory Answer Cost of Goods Sold AnswerA firm estimates its production function as Q = 2.4 + 30*L -.5*L2 + 30*K -1.00*K2 + 15*F -.3*F2. Total cost is TC = $2.5*L + $2*K + $.75*F. The firm wishes to produce 500 units of output. Use Excel Solver or otherwise to find the cost minimizing amounts of L, K and F. What is the cost-minimizing amount of capital (K)? A. K=1.39. B. K=2.23. C. K=4.29. D. K=6.09. E. K=9.22.