Icreasest vny 10.) Fill in the blanks in the following table: SP a& Total fixed Total varjable Average fixed Average variable cost Average Total total Marginal Output cost cost cost cost cost cost 100 260 60 200 0.30 300 0.50 400 1.05 500 360 600 3.00 700 1.60 800 2,040 || || |||| || : || | | | ||
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A: Fixed cost (FC) is the cost that is independent of the level of output (Q) produced. VC is the cost…
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A: We know that, Total Cost(TC)= Total Fixed Cost(TFC)+Total Variable Cost(TVC),Average Variable…
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A: The total product directs to the entire portion of the outcome produced within a provided quantity…
Q: Fill in the remaining cells of the table. Total Product Total Cost Marginal Cost Total Fixed Cost…
A: Below is the formula that is used in the calculation.…
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A: Variable cost represents all the expenses that depends on the level of output, i.e changes with the…
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A: Variable cost does change with change in the level of output. The fixed cost does not change with…
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A: We have given the data for fixed cost and variable cost for the output level from 0 to 7 Q FC VC…
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A: Total cost = Total variable cost + Total fixed cost Average fixed cost = Total fixed cost /…
Q: P in the remaining cells of the table. Quantity Total Cost Marginal Cost Fixed Cost Variable Cost…
A: The formula for computing the average and marginal cost of production: 1) Margina cost, MC =…
Q: Consider the following cost information for Yasir’s tea stall. (Cups of tea per hour) Total…
A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and…
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A: In case of short-run average cost functions, the firm incurs two types of costs:-Fixed costs and…
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A: Marginal cost is the change in total cost due to the extra unit of production. MC is calculated by…
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A:
Q: Your cousin Vinnie owns a painting company withfixed costs of S200 and the following schedule…
A: Given: Quantity Variable cost 1 10 2 20 3 40 4 80 5 160 6 30 7 640
Q: Output TFC TVC TC MC ATC A 25 25 ---- -- 1 25 25 50 25 50 C 2 25 40 65 32.5 D 3 25 70 95 E 4 25 110…
A: The marginal cost is the cost of producing an additional one unit of output. Marginal cost (MC) is…
Q: variable costs (AVC), average total costs (ATC), and marginal costs (MC) to fill in the missing…
A: Fixed cost refers to the cost that stays same at all levels of output. Variable cost is the cost…
Q: Please see the attached two pictures, one for the graph, and the other for the questions.
A: In the third part of this question, which was uploaded in the previous link, there is a correction.…
Q: Calculate VC, FC, AVC and AFC in the following table Out put Total cost Variable Fix Cost AVC AFC…
A: Total cost refers to the costs that are remaining the same for all level of production. Generally…
Q: e graph below illustrates a series of short-run average cost curves, numbered AC1 through AC5, which…
A: Economies of scale occurs when long run average cost falls as more output is produced. Long run…
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A: "Since you have posted a question with multiple subparts, we will solve the first three subparts for…
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A: Here, output and total cost is given with the fixed cost of BD 700 and the formulas related to other…
Q: 1) Now let's examine short run costs of golf cart production. The cost of 1 labourer is $2000. Total…
A: The total fixed cost is the cost which does not change with the change in production. On the other…
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A: Given: Cost of 1 labor (variable cost) = $2,000 Total fixed cost = $3,000
Q: Output AFC, ȼ AVC, ȼ 1 50.00 100.00 2 25.00 80.00 3 16.67 66.67 4 12.50 65.00 5…
A: Total cost is the product of average cost and quantity produced. It is also the aggregate of total…
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A: In economics, cost refers to the different types of expense that is incurred by the businessmen in…
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A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…
Q: e following incomplete table describes the costs faced by a firm as it produces an increas antity of…
A: TC=TFC+TVC AVC=TVC/Q MC=change in TC/change in Q fixed cost is independent of output produced.
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: Total Cost Marginal Cost (Dollars) Fixed Cost Variable Cost Average Variable Cost Average Total Cost…
A: The total production process of a firm/company is an amalgamation of various costs, the optimum…
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A: Total Cost is the Cost incurred by producer when they start production it includes , Total Fixed…
Q: Calculate variable cost, average fixed cost, average variable cost, average total cost, and marginal…
A: TVC = TC - TFC AFC = TFC / Q AVC = TVC / Q ATC = TC / Q MC = Change in TC / Change in Q Q TC TFC…
Q: Output AFC AVC ATC MC 0 $ --- $ ---…
A: When the price is $105, the price is just greater than he marginal cost (82) at the output level 4…
Q: Solve the attachment.
A: Answer: Long-Run Average Cost (LAC) can be defined as the average of the Long Run Total Cost or the…
Q: e variable cost, and AC, the average cost. Complete the following cost table. (Enter numeric respc…
A: Fixed cost remains the same at each level of output. Hence, fixed cost corresponding to 2 units of…
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A: Costs are the expenses that firms incur in the production of goods and services.
Q: Define economies of scale and explain why they might arise. Define diseconomies of scale and explain…
A: Define economies of scale and explain why they might arise. When the long-run average total…
Q: roduction, C be the total cost, MC be the marginal cost, AFC, the average fixed cost, AVC, the av…
A: The given table is completed as follows:
Q: A firm is producing 20 units with an averagetotal cost of $25 and a marginal cost of $15. Ifit…
A: Costs are the expenses that firms incur in the production of goods and services.
Q: Find the value of A. Quantity Total Cost $5,000 Fixed Cost Variable Cost Average Total Cost Average…
A: The sum of fixed cost and variable cost makes total cost.
Q: Consider the following cost information for apizzeria:Quantity Total Cost Variable Cost0 dozen…
A: Costs are the expenses that firms incur in the production of goods and services.
Q: Fill in the remaining cells of the following table. Quantity Total Cost Marginal Cost Fixed Cost…
A: Total cost refers to the total expenditure incurred by a person in producing a good or providing a…
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.…
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- Economics Prepare a composite (weighted) index for housing construction costs in 2008, using the following data. Reference Year (/=100), S/? Туре of Housing Single units Duplex units Multiple Percent 2008, S/n? 67 49 65 44 63 25 36 56 The composite (weighted) index for housing construction costs in 2008 is...ADVANCED ANALYSIS A firm faces the following costs: total cost of capital = $1,000; price paid for labor = $12 per labor unit; and price paid for raw materials = $4 per raw-material unit. %3D Instructions: In parts a and b, enter your answers for total cost as a whole number. Round your answers for average total cost to 2 decimal places. In part c, enter your answer as a whole number. a. Suppose the firm can produce 5,000 units of output this year by combining its fixed capital with 100 units of labor and 450 units of raw materials. What are the total cost and average total cost of producing the 5,000 units of output? TC = $ %D ATC = $ b. Now assume the firm improves its production process so that it can produce 6,000 units of output this year by combining its fixed capital with 100 units of labor and 450 units of raw materials. What are the total cost and average total cost of producing the 6,000 units of output? TC = $ ATC = $ c. If units of output can always be sold for $1 each,…5. Explain why most macroeconomists do not need to precisely measure the initial capital stock in their data in order to good idea of the recent size (value) of the capital stock. For example how could an extended data set on investment be used to create an estimate for the capital stock. Your answer should have an equation in it and explanation of which variables are measurable and if so how they are typically measured
- Hula hoop fabricators cost 100 $ each. The Hi-Ho Hula HOOP Company (HHHHC) is trying to decide how many of these machines to buy. HHHHC expects to produce the following number of hoops each year for each level of capital stock shown. Number of Fabricators Number of hoops produced per year 0 0 1 100 2 150 3 180 4 195 5 205 6 210 Hula hoops have a real value of 1 $ each. HHHHC has no other costs of Fabricators. Find the expected future marginal product of capital (MPKf) in terms of Dollars for each level of capital. If the real interest rate is 12 % per year and the depreciation rate of capital is 20 % per year, find the user cost of capital. How many fabricators should HHHHC buy? Repeat part (b) for real interest rate of 8 % per year. Repeat part (b) for a 40 % tax on HHHHC sales revenue. A technical innovation doubles the number of hoops a fabricator can produce. How many fabricators should HHHHC buy when the real interest…Suppose a handbill publisher can buy a new duplicating machine for $ 500 and the duplicator has a 1-year life. The machine is expected to contribute $ 550 to the year's net revenue. Instructions: enter your anwer as a whole number. What is the expected rate of return? (in percentage) If the real interest rate at which funds can be borrowed to purchase the machine is 8 percent, will the publisher choose to invest in the machine? Will it invest in the machine if the real interest rate is 9 percent? if it is 11 percent?Use the following information to answer the question which immediately follows 200-80r, L= 0.5Y Y 2,000 GT= 200, Cd 400+0.9(Y What is the value of investment 2. T)-600r. Id Select one: a 150 4 b. 160 360.5 d. 200 500, M-5000, P=7.35,=0.02 27
- 2. Consider Kadokawa.inc, a merchandising company in japan producing keychain with a flat rate of 3$ per keychain. Number Number of MPL TR MRPL keychains produced per day of Workers 1 30 2 80 3 110 4 135 ... .. 5 20 170 7 30 ..... ..... ..... 8. 15 а. Fill in all the blanks in the table above b. Verify that MRPL for this firm can be calculated in two ways: (1) change in TR from an additional worker and (2) MPL times the price of output1. Hula hoop fabrications cost $100 each. The H2H company is trying to decide how many of these machines to buy. The number of hoops for each year and for each level of capital stock shown as follows: Hula Hoop have a real value of $1 each. There is no other costs besides the cost of fabricators. a. Find the expected future marginal product of capital (in terms of dollar) for each level of capital. b. If the real interest rate is 12% per year, and the depreciation rate of capital is 20% per year, find the user cost of capital (in dollar per fabricator per year). How many fabricators should H2H buy?Then: In one graph show what happens if the I function increases (i.e. the % rises) In one graph show what happens if technology improves (i.e. A increases)
- When we add depreciation to net investment, we arrive at............... what is the answer, we arrive at gross depreciation or gross investment? Step 1 Depreciation: The term depreciation refers to the fall in the monetary value of a commodity over the time period due to the use of the commodity. During the use of commodity, normal wear and tear, and obsolescence is the measure reason for the depreciation of the commodity. Step 2 Gross Investment Is the answer. The gross investment is the investment that encompasses the net investment and depreciation. If the depreciation is removed from the gross investment then the remaining investment will be the net investment. Similarly, if we add the depreciation with the net depreciation then the resulting investment amount will be the gross investment. Gross Investment = Net Investment + Depreciation Step 3 Answer. Gross depreciation.1. Hula hoop fabrications cost $100 each. The H2H company is trying to decide how many of these machines to buy. The number of hoops for each year and for each level of capital stock shown as follows: Number of fabrications Number of Hoops produce per year 1 100 2 150 3 180 4 195 205 210 Hula Hoop have a real value of $1 each. There is no other costs besides the cost of fabricators. a) Find the expected future marginal product of capital (in terms of dollar) for each level of capital. b) If the real interest rate is 12% per year, and the depreciation rate of capital is 20% per year, find the user cost of capital (in dollar per fabricator per year). How many fabricators should H2H buy? c) Repeat part (b) for a real interest rate of 8% per year? d) Repeat part (b) for a 40% tax on H2H's sales revenues. e) A new innovation doubles the number of hoops fabricator can produce. How many fabricators should H2H buy when the real interest rate is 12% per year? 8% per year? Assume that there are…D3) Why would banks use more equity to invest in their assets, knowing that it would scare off a lot of shareholders? What is wrong with this statement? Do they usually start using equity as investments when they can not use anymore money from depositors which forces them to use it? Are banks allowed to hold equity has an investment? One of your fellow students was specifically looking at the Equity Multiplier calculated from the Balance Sheet from your assignment for this week, which went up by a lot in only one year between 2019 and 2020. Why do you think this happened? "Bank equity capital is a source of funding for asset growth and also function to provide confidence for bank creditors that they will get their funds back."