what is the cost stucture of a monoply? what is the cost structure of Microsoft? illustrate the cost structure of Microsoft

Q: The following table shows a car manufacturer’s total cost of producing cars:            Quantity of…

A: Fixed cost (FC) is the cost that is independent of the level of output (Q) produced. VC is the cost…

Q: Suppose a short-run total cost function is given by C = 600 + 40Qº.3 + 5Q?. (a) Find out the fixed…

A: In a short-run perspective, a firm's total costs can be divided into fixed costs, which a firm must…

Q: In the following table, indicate how each cost and curve is affected, if at all. Cost Effect on Cost…

A: Variable cost is the cost that changes with the quantity of good produced. Fixed cost are the costs…

Q: What are the kinds of cost which firm face in short run. Explain theoretically and graphically the…

A: Cost is the money that is used to produce goods and services.

Q: Give the formulas for average fixed cost (AFC), marginal cost (MC), average variable cost (AVC), and…

A: Average fixed cost = Fixed cost / quantity Marginal cost = Differentiating the total revenue…

Q: Look at the hospital cost data in the "Cost Curve" slides (slide 13). To interpret this data: the…

A: The cost function is a method of assessing "our algorithm's/performance." It compares the model's…

Q: Which is NOTa cause of shift in cost curves of a firm?

A: To find : Which is not cause of shift in cost curves of a firm.

Q: The table below shows cost data for WipeOutSki Company, which manufactures skis for beginners. If…

A: TC = Total cost  that is related to production. It is the sum of Fixed cost and Variable cost. TC =…

Q: Consider the following cost information for a pizzeria: a. What is the pizzeria’s fixed cost?b.…

A: Meaning of Cost: Cost refers to the situation under which a firm occurs various expenses during the…

Q: Average and marginal products AP, MP 2,700 2,025 1,925 1,800 Average Product 825 Marginal Product 01…

A: Average variable cost: It is the total variable cost of a unit of goods. Variable costs keep on…

Q: A car company has fixed costs of $20, 000. Its marginal costs are given in the table below. Fill in…

A: We have been given with the table of costs. The table has been filled correctly.

Q: Fill in the remaining cells of the following table. Quantity Total Cost Marginal Cost Fixed Cost…

A: In case of short-run average cost functions, the firm incurs two types of costs:-Fixed costs and…

Q: How would the scale economies determine the shape of the long run Average cost curve(LAC) What are…

A: Economies of scale refers to a situation in which as the level of output for a firm increases, its…

Q: Quantity Total Fixed Cost 0. 60 60 60 115 4 60 130 6. 60 160 8. 60 200 10 60 250 Using the above…

A: Fixed costs (FC) are costs incurred during production that are not dependent on the quantity of the…

Q: If the short-run total cost function for a firm is TC = 3,000+100Q, Given: TC = 3,000 + 100Q TC =…

A: Marginal cost (MC) = dTC/dQ = 100

Q: With appropriate examples, distinguish between (i) short run and long run (ii) fixed cost and…

A: The most important aspect in the business firms is the time period and the production amount as well…

Q: Consider the following cost information for a pizzeria: Quantity Total Cost Variable Cost (Dozens of…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Consider the following cost information for a pizzeria: Quantity Total Cost Variable Cost (Dozens of…

A: The pizzeria's fixed cost is 280. This is because when the pizzeria is producing 0 quantitiy he is…

Q: Define and graph total cost, average costs, and marginal cost.

A: The cost of producing/manufacturing all the units of a good by a firm is estimated by the total…

Q: Consider the following cost information for a pizzeria: Quantity Total Cost Variable Cost (Dozens of…

A: (As per company policy we are supposed to answer only 1 question per session up to 3 sub points,…

Q: Consider the following cost information for a pizzeria a. What is the pizzeria's fixed cost? b.…

A: The total cost is defined as the monetary value of all the inputs used in the production of goods…

Q: Assume that Peter's short run Total Cost Curve is TC = 20,000q- 200q² +q*. Calculate his (short run)…

A: Average total cost is total cost divided by quantity.  ATC = TC / q => ATC = (20,000q - 200q2 +…

Q: The Trouser Company has fixed costs of 2,400 per week. In addition, we have some information about…

A: The followings are the formula to calculate the AVC, AC, and MC: Average Variable Cost (AVC) =…

Q: Suppose Ralph has a chicken processing plant with the total cost function shown in the accopmanying…

A: Fixed cost does not depend on output. It remains fixed even when firm produces 0 units. Variable…

Q: planning for the company. You are required to generate costs data from the equation below. C(y) =…

A: Answers   Total Cost: C(y) = 23y2 + 12y + 8   A. Fixed Cost = Total cost when y = 0   C(y) = 23(0)2…

Q: Calculate marginal cost if change in total cost is $630 and the change in output is $17

A: The given information is as follows:- Change in total cost = $630  Change In output = 17 units  We…

Q: Define fixed and variable costs of production. Why do you think bigger firms may have lower average…

A: Net product costs are calculated by combining total direct resources and labor costs, and also total…

Q: widget factory roduction. worker is $200 per day. The cost of each machine is $400 per day,…

A:

Q: The Trouser Company has fixed costs of 2,000 per week. In addition, we have some information about…

A: Total cost is the sum of fixed cost and variable cost. Fixed cost is constant and does not depend on…

Q: Portia owns and manages a sporting apparel company. Consider the given average cost (AC), ayerage…

A: Average fixed cost = total fixed cost / quantity

Q: A firm has the following cost curves:   Q MC VC FC TC AVC ATC 0 --- 0 30 30 --- --- 112 2 22 26…

A: Fixed cost is the cost that remains same at all levels of output. Variable cost is the cost that…

Q: Fill in the remaining cells of the following table. Average Total Cost (Dollars per pair) Quantity…

A: The total cost at every level of output is given. The cost that is incurred at 0 level of output is…

Q: Consider the following cost information for a pizzeria: Quantity Total Cost Variable Cost (Dozens of…

A: The firms total costs are equal to the sum of its variable costs and fixed costs. Fixed costs are…

Q: MC 90 ATC AVC 70 40 30 50 100 8. The figure above shows a firm's marginal cost, average total cost,…

A: Marginal cost = 70 Average total cost = 70 Average variable cost = 40

Q: Ike's Bikes is a major manufacturer of bicycles. Currently, the company produces bikes using only…

A: Given information: Ike Bikes is a manufacturer of bikes, currently producing bikes in its only one…

Q: 23. The following table represents the short-run total cost schedule of an energy drink…

A: 23. The Average Variable Cost to the firm when 30 bottles of mineral water produced is:  c. R23.33…

Q: A firm's fixed costs for 0 units of output and its average total cost of producing different output…

A: To fill out this table we need to use the following formulas: Total cost=Average total…

Q: For a firm with a Total Cost function TC C(Q), recall that the definitions of Marginal Cost (MC) and…

A: The total cost is the summation of total variable cost and total fixed cost. The average cost…

Q: The figure shows the cost curves for Phil's Phone Repair, a cell phone repair firm. When output…

A: Answer is given Below

Q: (iii) What part of the decreasing range is practically feasible? (iv) Write an equation for the…

A: The average (AC) cost function of the firm is, The first order condition is, The second order…

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

A: Fixed cost is independent of output produced thus FC=$100

Q: 5) Sarah's Pretzel plant has the following short-run cost function: Cg, K) wg3 + 50K where q is…

A: Cost refers to the amount the is incurred for using factors of production to produce goods. Profit…

Q: Using the following table a) construct the cost schedule for a firm operating in the short run b)…

A: Revenue: It refers to the profit that is earned by the firms when they produce more goods and…

Q: The following equation represents the cost structure of a firm: C= 10 + 3q. The average cost of…

A: Cost function of the firm, C= 10 + 3q   The average cost of production =  Total cost/ Quantity…

Q: 23. The following table represents the short-run total cost schedule of an energy drink…

A: The total cost incurred by a firm in the short run includes fixed costs and variable costs. Fixed…

Q: Give the formulas for and plot average fixed cost, AFC, marginal cost, MC, average variable cost,…

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

Q: using the cost given in the table below, derive the values for the total cost (TC), average fixed…

A: Meaning of Cost: The term cost refers to the situation under which a firm occurs various expenses…

Q: How can I construct a cost curve for ATC, AVC, MC

A: Total Cost:The sum of explicit costs and implicit costs constitutes the total cost of the production…