TC = VC + FC
AVC = VC / Q
AFC = FC / Q
ATC = TC / Q
MC = Change in TC / Change in Q
Q | VC | TC | AVC | AFC | ATC | MC |
0 | 100 | |||||
1 | 25 | 125 | 25.0 | 100.0 | 125.0 | 25.0 |
2 | 45 | 145 | 22.5 | 50.0 | 72.5 | 20.0 |
3 | 59.9 | 159.9 | 20.0 | 33.3 | 53.3 | 14.9 |
4 | 70 | 170 | 17.5 | 25.0 | 42.5 | 10.1 |
5 | 90 | 190 | 18.0 | 20.0 | 38.0 | 20.0 |
6 | 120 | 220 | 20.0 | 16.7 | 36.7 | 30.0 |
7 | 165 | 265 | 23.6 | 14.3 | 37.9 | 45.0 |
8 | 230.4 | 330.4 | 28.8 | 12.5 | 41.3 | 65.4 |
9 | 315 | 415 | 35.0 | 11.1 | 46.1 | 84.6 |
10 | 425 | 525 | 42.5 | 10.0 | 52.5 | 110.0 |
Complete the table below. 1. Output VC ТC AVC AFC АТС МC 0 100 1 25...
Fill in the table: VC AVC TC 25 Output FC AFC ATC MC 15 47 25 30 40 4 6 12 109 20 10 130 Also give a explanation how you calculated those values (ex: First I was able to calculate...then I was able to fill this column, etc.) and give the formulas that you used. Do not submit only the table without any explanation. You have to bring a print version of your homework (no hand writin
Given the below table: Q FC VC TC AFC AVC ATC MC 0 120 1 180 2 220 3 270 4 360 5 470 6 600 Complete the table. Draw the diagram with the curves of TC, VC and FC. Draw the diagram of the curves of ATC, AVC and AFC.
6-9 please Use the following table to answer questions 6-9: Number of VC MC AVC Earrings FCTC AFC ATC 0 B 2 30 А 20 D 180 6) What should the value for "A" be? a) 15 b) 20 c) 25 d) 30 e) 35 7) What should the value for "B" be? a) 50 b) 60 c) 70 d) 80 e) None of the above. 8) What should the value for "C" be? a) 36.67 b) 40 c) 43.33...
nk spaces of this table. Note that Q, VC. TC, AFC. AVC. ATC. an o output, variable cost, total cost, average fixed cost, average the blank of total cost, and marginal cost, respectively. (10 Points) AFC TAVG 50 n/a n/a n/a n/a 10 10 10 60 30 80 30 6.67 20 36.67 100 150 12.5 37.5 150 30 8.3535 43.33 60 b Please graph the ATC, FC, MC curve respectively (5 Points) c What is shape of ATC and can...
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
L K Q VC FC TC AVC AFC ATC MC 0 5 0 0 5 5 1 5 2 2 5 7 1.00 2.50 3.50 1.00 2 5 6 4 5 9 0.67 0.83 1.50 0.50 3 5 12 6 5 11 0.50 0.42 0.92 0.33 4 5 19 8 5 13 0.42 0.26 0.68 0.29 5 5 25 10 5 15 0.40 0.20 0.60 0.33 6 5 28 12 5 17 0.43 0.18 0.61 0.67 7 5 29 14...
B D E F G Н К L M Blinn Agriculture Number of Weight Steers (cwt.) МPP АPP TFC TVC тC мC AFC AVC АTC TR Profit 0 75 150 10 20 30 225 40 50 295 360 60 70 420 475 В 525 80 570 610 90 100 110 630 В 120 640 640 130 The cost for fixed amount of pasture land (depreciation on fences, the opportunity cost of the land, insurance, water facilities on the land) is...
8 9 10 11 The table below provides some information on various cost measures of a business. Use the available information to calculate the missing numbers: Q FC VC TC МC AFC AVC АТC 0 30 10 20 100 30 210 40 50 8.4 Check Next page ge 9,284. NON os The table below provides some information on various cost measures of a business. Use th missing numbers: Q FC VC TC мс AFC AVC ATC 0 30 10 20...
Consider the following table: uantity TC TFC TVC ATC AFC AVC MC 20 25 29 4 53 63 8 6.5 15 10 20 At what level of output does the firm going from economies of scale to diseconomies of scale? 6 or 7 1 or 2 8 or 9
Quantity FC VC AFC AVC ATC MC [1] [2] [3] [4] [5] [6] [7] [8] [9] [10] [11] [12] [13] [14] [15] [16] [17] [18] [19] 30