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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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A: ANSWER IS GIVEN BELOW
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A: MC = dC/dx = 0.5x = 0.5xs + 0.5xm Pm = (100 - xm) / 2 = 50 - 0.5xm Ps = (100 - xs) / 4 = 25 - 0.25xs…
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A: The answer to above is false.
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A:
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- The costs of producing a commodity consist of ₱102.00 per unit for labor and material cost and ₱54.00 per unit for other variable cost. The fixed cost per month amounts to ₱850,000. The commodity is sold at ₱740.00 each, what is the break-even quality per month? (Hint: for Break-even quality, COST = REVENUE)During the production phase of the component-based system, it is important to measure a vendor’s response to system issues such as failures and changes in COTS product configuration. Justify FOUR (4) reasons.An article has a Selling Price :Rs. 12 Per UnitVariable Cost : 2/3 of SPFixed Cost :Rs. 40,000You are required to calculate number of sales to earn profit of Rs. 8000.(b) Also show the Brek-Even Price
- If the benefit-cost ratio is 0.5, this means: a. benefit is 50% more than its cost b. benefit is unjustifiable by 50 % c. cost is higher twice than benefit d. the cost is half of the benefitThe decision-making process where costs and benefits are usually measured in dollars is called a(n) __________ analysis. Group of answer choices sum total quantitative aggregate cost–benefitThe fixed costs incurred by a small genetics research lab are $200,000 per year. Variable costs are 60% of the annual revenue. If annual revenue is $300,000, the annual profit/loss is most nearly which answer below? (a) $66,000 profit (b) $66,000 loss (c) $80,000 profit (d) $80,000 loss.
- US Airways owns a piece of land near the Pittsburgh International Airport. The land originally cost USAirways $375,000. The airline is considering building a new training center on this land. US Airwaysdetermined that the proposal the new facility is acceptable if the original cost of the land is used in theanalysis, but the proposal does not meet the airline’s project acceptance criteria if the land cost is above$850,000. A developer recently offered US Airways $2.5 million for the land.Explain fully if US Airways should build the training facility at this location or not.True or false: a change in fixed costs will change average total cost. a.True b.FalseAnswer the question on the basis of the following cost data. Output Total Cost 0 $ 24 1 33 2 41 3 48 4 54 5 61 6 69 The average variable cost of producing 6 units of output is Multiple Choice $7.50. $45. $11.50. $4.00. Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
- A firm estimates its production function as Q = -2.4 + 20*L -.5*L2 + 30*K -1.00*K2 + 15*F -.3*F2. Total cost is TC = $2*L + $2.5*K + $1.75*F. The firm can sell all the output it wishes at $200 per unit. Use Excel or otherwise to find the cost minimizing and profit-maximizing amounts of L, K and F. How much F (Fuel) should the firm use?Selling price per large Snowie $ 5.00 Ice per Snowie $ 0.20 Spoon straw (need one per Snowie) $ 0.02 Styrofoam cup (need one per Snowie) $ 0.08 Napkin (need two per Snowie) $ 0.02 Servings per gallon of syrup 28 Cost per gallon of syrup (includes concentrate, preservative, and sugar) $ 8.00 Hourly rate for workers $ 10.00 Event registration fee per day $ 25.00 Electricity, insurance, maintenance, and permit costs per month $ 250.00 Kiosk rental cost per month $ 650.00 Purchase cost of two ice shavers (5-year life) $ 3,180.00 Purchase cost of a flavor station (5-year life) $ 1,080.00 a. Number of days you anticipate opening the kiosk per month 20 b. Number of hours you will work (no wages required) per day 6…Output from a process contains 0.02 defective unit. Defective units that go undetectedinto i nal assemblies cost $25 each to replace. An inspection process, which would detectand remove all defectives, can be established to test these units. However, the inspector,who can test 20 units per hour, is paid $8 per hour, including fringe benei ts. Should aninspection station be established to test all units?a. What is the cost to inspect each unit?b. What is the benei t (or loss) from the inspection process?