Total Total Total Average Average Average Total Man Product Fixed Variable Fixed Variable Total Cost (Blankets) Cost Cost Cost Cost cost A B 1 70 25 95 70.0 25.0 95.0 70 40 110 35.0 E 3 70 50 120 23.3 16.7 40.0 4 70 55 125 17.5 13.8 31.3 70 55 125 14.0 I J 6. 70 70 140 11.7 11.7 23.3 7 70 G 170 14.3 24.3 8. 70 145 215 8.8 18.1 26.9 The table describes the short-run daily costs of the Baby Blanket Company. What is the numerical value of A? What is the numerical value of B?

EBK HEALTH ECONOMICS AND POLICY
7th Edition
ISBN:9781337668279
Author:Henderson
Publisher:Henderson
Chapter12: Medicare
Section: Chapter Questions
Problem 1QAP
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Question
What is the numerical value of F?
What is the numerical value of G?
What is the numerical value of H?
A/
What is the numerical value of 1?
What is the numerical value of J?
Ouestion 11 1ncintN
Transcribed Image Text:What is the numerical value of F? What is the numerical value of G? What is the numerical value of H? A/ What is the numerical value of 1? What is the numerical value of J? Ouestion 11 1ncintN
Total
Total
Total
Average Average Average
Product
Fixed
Variable
Total
Marginal
Fixed
Variable
Total
(Blankets) Cost
Cost
Cost
Cost
Cost
Cost
cost
A
B
1
70
25
95
70.0
25.0
95.0 F
70
40
110
35.0
D
E
15.0
3
70
50
120
23.3
16.7
40.0
10.0
70
55
125
17.5
13.8
31.3
C
70
55
125
14.0
I
J
0.0
70
70
140
11.7
11.7
23.3
15.0
70
G
170
14.3 24.3
30.0
70
145
215
8.8
18.1
26.9
45.0
The table describes the short-run daily costs of the Baby Blanket Company.
What is the numerical value of A?
What is the numerical value of B?
ス
456 78
2.
Transcribed Image Text:Total Total Total Average Average Average Product Fixed Variable Total Marginal Fixed Variable Total (Blankets) Cost Cost Cost Cost Cost Cost cost A B 1 70 25 95 70.0 25.0 95.0 F 70 40 110 35.0 D E 15.0 3 70 50 120 23.3 16.7 40.0 10.0 70 55 125 17.5 13.8 31.3 C 70 55 125 14.0 I J 0.0 70 70 140 11.7 11.7 23.3 15.0 70 G 170 14.3 24.3 30.0 70 145 215 8.8 18.1 26.9 45.0 The table describes the short-run daily costs of the Baby Blanket Company. What is the numerical value of A? What is the numerical value of B? ス 456 78 2.
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