Units of fixed input K Labor Hours (L) Output (Q) TFC TVC TC AFC AVC ATC MC 3 0 0 90 0 90 0 0 0 0 3 1 4 90 20 110 22.5 5 27.5 5 3 2 90 90 40 130 1 0.444 1.444 0.233 3 3 160 90 60 150 0.563 0.375 0.938 0.286 3 4 200 90 80 170 0.45 0.400 0.85 0.5 3 5 230 90 100 190 0.391 0.435 0.826 0.667 3 6 250 90 120 210 0.36 0.480 0.84 1 3 7 260 90 140 230 0.346 0.538 0.885 2 3 8 265 90 160 250 0.340 0.604 0.943 4 If the firm produces 265 units of output and sells it at $1 per unit, is it making profits or losses? How much are they making?

Q: Tolal Fbed Total Varlable Cost Tatal Total Cost Cost Variable Cost Flved Cost Product Cast 60 00 45…

A: FIXED cost is independent of output produced thus the required fixed cost is $ 60 whereas variable…

Q: What is the avg variable cost of the second unit produces? Quantity total cost 0 20 1 25 2 35 3 50

A: Total Cost is the sum of fixed cost and variable costs. Total Cost=Total Fixed Cost+Total Variable…

Q: MC ($) 7,259 Students AC ($) Total cost ($) Undergraduate 13,750 7,659 105,311,250 27,500 6,548…

A: The data of cost structure for undergraduates and graduates is given. Total Cost is the sum of all…

Q: Bags/Participants Fixed Cost Variable Cost Total Cost 0. $1,700 $- $1,700 100 $1,700 $500 $2,200 200…

A: At breakeven point there is no profit or loss. At breakeven point, total revenue is equal to total…

Q: 13. 8-6B: Total Costs and Average Costs *3* If the Total Variable Cost (TVC) curve is rising then…

A: below table show the TVC shedule, where rise in TVC gives rise to AVC. AC stills falls for certain…

Q: b. If AC= Q?-4Q+10 i. Final the total cost and marginal cost function. Is this function is more…

A: TC = Q x AC = Q3 - 4Q2 + 10Q MC = dTC/dQ = 3Q2 - 8Q + 10

Q: Darrell owns a furniture store. His total costs are $225,000 per year, and his fixed costs are…

A: Total costs include all the costs that a firm incurs when producing a product. Fixed costs are the…

Q: 2 3 4 5 7 8 Units Total Total Total Average fixed cost (R) Average variable cost Average product…

A: We know that ,  TC=TFC+TVC AVC=TVC/TP AFC=TFC/TP AC=TC/TP

Q: Refer to the information provided in Table below to answer the question that follow. Number of…

A: Total cost is the total expenditure incurred by the producer in the production process. Marginal…

Q: 10. For the cost function CC) = 100 - 20 -302 the average foxed cost of producing 2 units of outout…

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

Q: Given: TR = 193Q -4Q² TC = 1/3Q³-12Q²+179Q+100 (A). Find Q to get maximum TR (Notes: Use 3 digits…

A: Answer;

Q: PRICE MARGIN AL ТОТА AVER AGE WORKE AVER AGE MAR GINA OUTPU AVERA ТОТА MARG INAL Т (Total | (P)…

A: A production function uses the factors of production (like labour, capital, technology, raw…

Q: Ouput Total Cost $24 1 33 2 41 48 4 54 61 69 The TVC for Stelco Corporation of producing 6 units of…

A: Fixed cost is independent of output produced thus the required fixed cost at all units of production…

Q: A firm have fixed cost of 70$ and a variable cost as indicated in the table. complete the table…

A: We have given a table in which variable cost (TVC) is mentioned and the total fixed cost is 70 We…

Q: H.W 7/ For the following data: Fixed cost = 100,000 ID Variable cost per unit = 300 ID Selling price…

A: Break-even point (BEP) is that point where the firm is making zero economic profits, i.e. where the…

Q: Table 1 Fixed Variable Total Total fixed Total variable Total input input product cost cost cost 20…

A: at 0 level , TC = TVC TFC is fixed for all the inputs TVC for the 1st unit = 2400, then multiply…

Q: antity Total Cost Marginal Cost Fixed Cost Variable Cost Average Variable Cost Average Total Cost…

A: TC = FC + VC VC = TC - FC MC = (TC2 - TC1)/(Q2 - Q1) AVC = VC / Q ATC = TC / Q

Q: caps ness is reproduced below: Output Total Cost 50 890 100 920 150 1000 200 1260 250 1470 300 1850

A: The following problem has been answered as follows

Q: Output Variable Total AVC AFC ATC MC (bоxes) Cost Cost $0 $10 1 $20 $15 3 $69 $3.33 $23 4 $2.50 $27…

A: According to the table given in the question, total cost at 0 units of output is $10 which means…

Q: Total Cost Output 1,000 2,000 2,800 3,500 4. 4,000 4,500 6. 5,200 6,000 8. 7,000 Refer to Table 5.1.…

A: We have to find average total cost.

Q: What is the total cost of producing 200 units 125 150 180 210

A: Total Cost = Average Total Cost*Quantity TC at 200 units = 0.75*200 = 150 TC at 125 units =…

Q: A microbrewery was built in 2014 at a total cost of $650,000. Additionalinformation is given in the…

A: Weighted index for 2020 (in terms of 2000 indices) can be calculated as follows.

Q: Units of fixed input K Labor Hours (L) Output (Q) TFC TVC TC AFC AVC ATC MC 3 0 0 90 0…

A: In a market, producers have to face various constraints such as cost minimizing or…

Q: Martinez Company's relevant range of production is 7,500 units to 12,500 units. The unit costs when…

A: Variable Cost is the cost that changes with the change in output. It depends on the amount of units…

Q: The lawn ranger , a landscaping company , has total costs of $5,000 and total fixed cost of $3000…

A: Given information: Total costs = $5000 Total fixed cost = $3000 TC = TFC+TVC 5000 =…

Q: A firm had sales revenue of $1 million last year. It spent $600,000 on labor, $150,000 on capital…

A: Given: Sales revenue=$1 million Labor=$600,000 Capital=$150000 Materials=$200000 To find: Firm’s…

Q: Output, Variable input and Costs (per day). Таcos Labor VC TC MC AVC АТС 50 1 120 420 0.00 105 165…

A: The calculations are done using: VC=120×labor unitsTCn=VCn+fixed costMCn=TCn-TCn-1AVC=TVCQATC=TCQ

Q: Total Output of (workers per week) Portable Power Banks Input of Labor Average- Product 1 10 2 18 3…

A: Total product is the total production done by the producer by using the all variable and fixed cost…

Q: 1 2 3 4 5 7 8 Units Total Total Total Average fixed cost (R) Average variable cost Average product…

A: Total product is the total output (Q) produced by the firm. AFC is the fixed cost per unit of Q. AVC…

Q: 8. If average variablecost is $74 and total fixed cost is $100 at 5 units of output, thenaverage…

A: here we can calculate average total cost as follow

Q: 10:29 A bartleby.com ce ago A company manufactures small refrigerators. The total cost to…

A:

Q: Old MathJax webview VI ТР MP MP / С 40 (1) (2) 400 (3) 38,000 150 (4) 300 44,000 (5) (6) (7) 45,600…

A: Variable input: Variable inputs are the variable factor of production which is used in the process…

Q: (1) (2) (3) (4) (5) Variable Input Price per Marginal Cost Total Fixed Variable Input Cost Output 1…

A: Marginal cost is the change in total cost due to change in output produced. Marginal cost = (change…

Q: Need answers ASAP... Which of these costs is considered as the most important cost because if it is…

A: The firm produces goods and services and incurs cost including fixed cost and the variable cost.The…

Q: The lawn ranger , a landscaping company , has total costs of $15,000 and total fixed cost of $13000…

A: The provided information are: Total costs = $5000 Total fixed cost = $3000

Q: Refer to the information provided in Table 8.2 below to answer the question(s) that follow. Show…

A: Total Cost is the Cost incurred by producer when they start production it includes , Total Fixed…

Q: Determine the multifactor productivity for the combined input of the labor and the machine time…

A: Multifactor productivity is the ratio of output and combined costs of inputs and it determines the…

Q: Average Average Fixed Variable Output 1 Cost Cost $50.00 25.00 $100.00 2 80.00 3 16.67 66.67 4 12.50…

A: Cost refers to the all the expenses and expenditure that incur in a process of production of goods…

Q: Total Total revenue cost $1,200 1,000 800 600 400 200 100 320 440 Output

A: The overall cost incurred by a company to manufacture a certain quantity of a product or provide a…

Q: In the short term, the company produces 800 units of production. The average variable costs (AVC) 93…

A: Total cost (TC)= Total variable cost (TVC)+Total fixed costs(TFC) Total Variable Cost=Average…

Q: TVC ATC/AC 0 65 105 135 167 a. 203 244 7 293 d. 8 55 355 9 432 10 527 5. Explain why the short-run…

A: A complete table is a follows : TC = TFC + TVC  AVC = TVC / Q ATC = TC / Q MC = TC - TC1 Q  TFC…

Q: Question 1 Calculate the productivity for the following operations: Three employees processed 600…

A: Hi! Thank you for the question As per the honor code, We’ll answer the first question since the…

Q: Cost LRAC 40 30 20 N 10 100 200 400 800 Output a. What is the cost per unit when the firm produces:…

A: Total Cost per unit of output is also called average cost. The figure shows long run run Average…

Q: 1,200 B TC 1,000 850 700 TVC 500 2 3 Number of microwave ovens 6. Refer to the figure above. Based…

A: Answer: Note that TC at zero units is $500. The TC at zero units is equal to the total fixed cost…

Q: TC FC TVC AVC ATC MC 100 1 130 75 3 165 4 50 250 330 7 90 What is the total variable costs (TVC or…

A: Answer: The following formulas will be used: TVC=TC-FCAVC=TVCQATC=TCQMCn=TCn-TCn-1where,MCn=marginal…

Q: The change in fotal costjof proaucCuọn as the output or total product of the business is expanded…

A: Production cost refers to the overall cost of manufacturing a given amount of a good or selling…

Q: le production schedule for Great Balls of Fire, a food truck that sells alls of Fire has a lease on…

A: Here, the given table shows variable cost and total cost of a firm using which one can concourse the…

Q: 10. For the cost function CC) = 100 - 20 -302 the average fxed cost of producing 2 units of output…

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