Use Excel and the data below to construct 2 graphs. The first should contain the ATC, AVC, and MC curves. The second should contain FC, VC, and TC curves. Note, you will have to compute values for FC, VC, and TC. Please include these data points in your solutions
Please include graphs (2) from Excel in answer.
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Use Excel and the data below to construct 2 graphs. The first
should contain the ATC,...
Eco 3020 HW 6 Name: 4. Use Excel and the data from problem "3." to construct...
Eco 3020 HW 6 Name: 4. Use Excel and the data from problem "3." to construct 2 graphs. The first should contain the ATC, AVC, and MC curves. The second should contain FC, VC, and TC curves. Note, you will have to compute values for FC, VC, and TC. That said, please include these data points in your solutions (5 pts). ATG AFC AVC MC To ус [Бо 120 Чо 40 160 . 9s 40 зS 30 14 з 70...
EEEEE310. ANA. Table Layout Charts SmartArt Review Paragraph l bedde AubbeDdte AaBbCcDc AaBbccde AaBbc No Spacing...
EEEEE310. ANA. Table Layout Charts SmartArt Review Paragraph l bedde AubbeDdte AaBbCcDc AaBbccde AaBbc No Spacing Heading 1 Heading 2 Styles E Normal . 5 3. Fill in the missing entries in the following table (5 pts): AVERAGE AVERAGE TOTAL COST AVERAGE VARIABLE COST MARGINAL COST OUTPUT FIXED COST Eco 3020 HW 6 Name: 4. Use Excel and the data from problem "3" to construct 2 graphs. The first should contain the ATC, AVC, and MC curves. The second should...
Find FC, VC, TC, AFC, AVC, ATC, and MC from the following table. Capital costs $50 per unit, and two units of capital a...
Find FC, VC, TC, AFC, AVC, ATC, and MC from the following table. Capital costs $50 per unit, and two units of capital are used in the short run. Labor costs $20 per unit. 7. Total Cost Average Average Marginal Variable Cost |(MC) Fixed Units of Units of Variable Average Fixed Labor (L) Cost (FC) Cost (VC) (TC) Total Cost Output (ATC) (Q) Cost Cost (AFC) (AVC) 0 0 1 2 2 4 3 6 4 8 10
D Question 7 1 pts Use the following graph that shows the marginal cost (MC) curve,...
D Question 7 1 pts Use the following graph that shows the marginal cost (MC) curve, the Average Variable Cost (AVC) curve, and the Average Total Cost (ATC) curve. What is the variable cost when the quantity (Q) being produced is 6? P MC ATC /AVC $15 $11 $8 Q O $66 $8 O $15 $11 Question 8 1 pts Use the following graph that shows the marginal cost (MC) curve, the Average Variable Cost (AVC) curve, and the Average...
What is the average variable cost (AVC) of producing 4 cakes? 1) $80 2) $50 3)...
What is the average variable cost (AVC) of producing 4
cakes?
1) $80
2) $50
3) $40
3) $20
This table describes the cost structure for a firm producing cakes. Fixed Costs, FC Total Costs, TC Average Variable Costs, AVC Average Total Costs, ATC Q (number of cakes produced) 0 1 2 3 Variable Costs, VC 0 40 70 70 40 4 270 5 330
W This table describes the cost structure for a firm producing cakes. Fixed Costs, FC Total...
W This table describes the cost structure for a firm producing cakes. Fixed Costs, FC Total Costs, TC Q (number of cakes produced) 0 1 2 3 Variable Costs, VC 0 Average Variable Costs, AVC Average Total Costs, ATC 40 70 70 4 40 270 5 330 What is the average variable cost (AVC) of producing 4 cakes? $80 $50 $40 $20
This table describes the cost structure for a firm producing cakes. Q (number of cakes produced)...
This table describes the cost structure for a firm producing cakes. Q (number of cakes produced) 0 Fixed Costs, FC Variable Costs, VC 0 Total Costs, TC Average Variable Costs, AVC Average Total Costs, ATC 1 40 70 70 40 2 3 4 5 270 330 What is the average total cost (ATC) of producing 5 cakes? $80 $50 $40 $20
Question 11 1 pts Refer to the table below that shows Output, FC, VC, TC, AVC,...
Question 11 1 pts Refer to the table below that shows Output, FC, VC, TC, AVC, ATC, and MC. What is the value of X? OUTPUT(Q) FC VC TC AVC ATC MC 10 200 400 х 11 662 Y 12 82 N $40 $600 $6000 $60 Question 10 1 pts Use the following graph that shows the marginal cost (MC) curve, the Average Variable Cost (AVC) curve, and the Average Total Cost (ATC) curve. What is the fixed cost when...
3) Suppose the cost curve for a firm producing sneakers is TC 1010 q - 4q-...
3) Suppose the cost curve for a firm producing sneakers is TC 1010 q - 4q- + 3.1 (10 points) What are the firm's fixed costs, variable costs, average costs, average fixed cost, average variable costs, and marginal costs? 3.2 (10 points) Graph all 7 cost functions (TC, VC, FC, AC, AVC, AFC, MC) for quantities q 0 to q 10. You can use the Excel program to generate these graphs, plot C, VC, and FC in one graph and...
pba.instructure. D Question 22 2 pts Match the variable to its correct equation. Average Fixed Cost...
pba.instructure. D Question 22 2 pts Match the variable to its correct equation. Average Fixed Cost (AFC) [Choose Average Total Cost (ATC) [Choose] Average Variable Cost (AVC) (Choose] Fixed Cost (FC) [Choose] Price (P) (Choose] Profit (IT) [Choose Quantity (0) [Choose] Total Cost (TC) Average Fixed CostxQ Total Revenue (TR) [Choose] Variable Cost (VC) Question 23 ✓ Choose ] Total Revenue - Fixed Cost - Variable Cost ATC - AFC AFC + AVC Price x Quantity Total Revenue - Price...
Eco 3020 HW 6 Name: 4. Use Excel and the data from problem "3." to construct 2 graphs. The first should contain the ATC, AVC, and MC curves. The second should contain FC, VC, and TC curves. Note, you will have to compute values for FC, VC, and TC. That said, please include these data points in your solutions (5 pts). ATG AFC AVC MC To ус [Бо 120 Чо 40 160 . 9s 40 зS 30 14 з 70...
EEEEE310. ANA. Table Layout Charts SmartArt Review Paragraph l bedde AubbeDdte AaBbCcDc AaBbccde AaBbc No Spacing Heading 1 Heading 2 Styles E Normal . 5 3. Fill in the missing entries in the following table (5 pts): AVERAGE AVERAGE TOTAL COST AVERAGE VARIABLE COST MARGINAL COST OUTPUT FIXED COST Eco 3020 HW 6 Name: 4. Use Excel and the data from problem "3" to construct 2 graphs. The first should contain the ATC, AVC, and MC curves. The second should...
Find FC, VC, TC, AFC, AVC, ATC, and MC from the following table. Capital costs $50 per unit, and two units of capital are used in the short run. Labor costs $20 per unit. 7. Total Cost Average Average Marginal Variable Cost |(MC) Fixed Units of Units of Variable Average Fixed Labor (L) Cost (FC) Cost (VC) (TC) Total Cost Output (ATC) (Q) Cost Cost (AFC) (AVC) 0 0 1 2 2 4 3 6 4 8 10
D Question 7 1 pts Use the following graph that shows the marginal cost (MC) curve, the Average Variable Cost (AVC) curve, and the Average Total Cost (ATC) curve. What is the variable cost when the quantity (Q) being produced is 6? P MC ATC /AVC $15 $11 $8 Q O $66 $8 O $15 $11 Question 8 1 pts Use the following graph that shows the marginal cost (MC) curve, the Average Variable Cost (AVC) curve, and the Average...
What is the average variable cost (AVC) of producing 4
cakes?
1) $80
2) $50
3) $40
3) $20
This table describes the cost structure for a firm producing cakes. Fixed Costs, FC Total Costs, TC Average Variable Costs, AVC Average Total Costs, ATC Q (number of cakes produced) 0 1 2 3 Variable Costs, VC 0 40 70 70 40 4 270 5 330
W This table describes the cost structure for a firm producing cakes. Fixed Costs, FC Total Costs, TC Q (number of cakes produced) 0 1 2 3 Variable Costs, VC 0 Average Variable Costs, AVC Average Total Costs, ATC 40 70 70 4 40 270 5 330 What is the average variable cost (AVC) of producing 4 cakes? $80 $50 $40 $20
This table describes the cost structure for a firm producing cakes. Q (number of cakes produced) 0 Fixed Costs, FC Variable Costs, VC 0 Total Costs, TC Average Variable Costs, AVC Average Total Costs, ATC 1 40 70 70 40 2 3 4 5 270 330 What is the average total cost (ATC) of producing 5 cakes? $80 $50 $40 $20
Question 11 1 pts Refer to the table below that shows Output, FC, VC, TC, AVC, ATC, and MC. What is the value of X? OUTPUT(Q) FC VC TC AVC ATC MC 10 200 400 х 11 662 Y 12 82 N $40 $600 $6000 $60 Question 10 1 pts Use the following graph that shows the marginal cost (MC) curve, the Average Variable Cost (AVC) curve, and the Average Total Cost (ATC) curve. What is the fixed cost when...
3) Suppose the cost curve for a firm producing sneakers is TC 1010 q - 4q- + 3.1 (10 points) What are the firm's fixed costs, variable costs, average costs, average fixed cost, average variable costs, and marginal costs? 3.2 (10 points) Graph all 7 cost functions (TC, VC, FC, AC, AVC, AFC, MC) for quantities q 0 to q 10. You can use the Excel program to generate these graphs, plot C, VC, and FC in one graph and...
pba.instructure. D Question 22 2 pts Match the variable to its correct equation. Average Fixed Cost (AFC) [Choose Average Total Cost (ATC) [Choose] Average Variable Cost (AVC) (Choose] Fixed Cost (FC) [Choose] Price (P) (Choose] Profit (IT) [Choose Quantity (0) [Choose] Total Cost (TC) Average Fixed CostxQ Total Revenue (TR) [Choose] Variable Cost (VC) Question 23 ✓ Choose ] Total Revenue - Fixed Cost - Variable Cost ATC - AFC AFC + AVC Price x Quantity Total Revenue - Price...
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Amplitude=3;
fs=8000;
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