how can I get that answers based on above graph? Please explain it briefly!
Homework Answers
Q36
Answer
FC=the cost is same at all level and it is equal to total cost at
Q=0
so the fixed cost is the intercept of the TC curve of y-axis
TFC=$10
=====
Q37
AFC=FC/Q
AFC(20)=10/20=$0.5
====
Q38
Answer
ATC=TC/Q
Q=10 then TC=30 from the TC curve
ATC=TC/Q=30/10=$3
=====
Q39
Answer
AVC=VC/Q
AVC=20/10=$2
=======
Q40
Answer
Q=5 and TC=25 from TC curve
ATC=25/5=5
=====
Q41
TVC=15
Q=5
AVC=VC/Q=15/5=$3
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how can I get that answers based on above graph? Please explain
it briefly!
тC $50.00...
(43) Assume a single firm in a purely competitive industry has short-run production costs as indi...
(43) Assume a single firm in a purely competitive industry has short-run production costs as indicated in the following table. Answer questions a through c using the data from this table. TVC-Total variable Costs. TC=Total Costs: AFC=Average Fixed Costs; AVC=Average Variable Costs; ATC-Average Total Costs; MC-Marginal Costs Total Output Total Variable Cost $ TVC TC 0 $5.00 $8.00 $10.00 $11.00 $13.00 $16.00 $20.00 Total Cost $ Average Average Average Total Cost Cost $ MC Marginal Fixed CosVariable $ AFC Cost...
can someone explain how these numbers are calculated//explain the answers to 3 & 4? y all2012).UUCA...
can someone explain how these numbers are calculated//explain
the answers to 3 & 4?
y all2012).UUCA homework 10-key(fall2019).docx (16.7 KB) 1 > of 2 0 - ZOOM Page TVC Case P AC 1000 TR 5000 8000 TFC $1,500 1000 AVC $5.50 3.00 MC ANSWER 5.00 4.50 3. $1.00 10000 8000 3.00 4.00 6000 Min. Level 2000 9000 7000 3.50 | 4.50 4.00 3. What do you recommend to the firm in case #1? A) increase output. B) decrease output, but...
Assume that the regression equation for the following data is: Mileage = 37.775 – (1.696 *...
Assume that the regression equation for the following data is: Mileage = 37.775 – (1.696 * age of car) Age of car (years) Mileage 1.00 40.00 1.00 25.00 2.00 37.00 2.00 35.00 3.00 36.00 3.00 35.00 4.00 32.00 5.00 30.00 6.00 25.00 10.00 20.00 The predicted mileage for a 8 year old car would be ? A) 23.4 B) 24.2 C) 24.9 D) 25.1 What about for a 20 year old car? A) 7.41 B) 5.23 C) 3.85 D)...
which is correct? please explain Identify the predominant reaction taking place in the solution at point...
which is correct? please explain
Identify the predominant reaction taking place in the solution at point A, 0 mL NaOH added. Acetic Acid Titration Curve 14.00 13.00 12.00 11.00 10.00 9.00 7.00 6.00 5.00 4.00 3.00 2.00 1.00 0.00 0.00 25.00 30.00 35.00 5.00 10.00 15.00 20.00 Volume NaOH (mL) HC2H302(aq) + OH - (aq)=C2H302-(aq) + H2O(1) HC2H302(aq) + H20(1) = C2H302 (aq) + H30+(aq) o C2H302 (aq) + H2O(1) = HC2H302(aq) + OH- (aq)
How to calculate the Total Cost (TC), Average Fixed Cost (AFC), Average Total Cost (ATC), and...
How to calculate the Total Cost (TC), Average Fixed Cost
(AFC), Average Total Cost (ATC), and Marginal Cost (MC)?
1. The schedule below gives the Total Variable Cost (TVC) for producing various quantities of smurfs (smurfs are an input into cat food production). The Total Fixed Costs (TFC) is $100. Calculate the following and fill in the blanks: Total Cost (TC), Average Fixed Cost (AFC), Average Variable Cost (AVC), Average Total Cost (ATC), and Marginal Cost (MC). Cost Schedule for...
Consider the table 7-2. a. If the market price is $2.22 determine the profit maximizing output....
Consider the table 7-2.
a. If the market price is $2.22 determine the profit maximizing
output.
b. If the market price is $1.50 determine the profit maximizing
output.
c. If the market price is $5.00 determine the profit maximizing
output.
Marginal Cost (MC) (10) (6) 20 140 TABLE 7-2 Short-Run Costs: Fixed Capital and Variable Labour Inputs Output Total Costs Average Costs Capital Labour Fixed Variable Total Fixed Variable Total (K) (L) (2) (TFC) (TVC) (TC) (AFC) (AVC) (ATC) (2)...
Complete the following table and graph AVC, ATC, and MC. The best way to submit this assignment is by cutting and pasti...
Complete the following table and graph AVC, ATC, and MC. The best way to submit this assignment is by cutting and pasting the table into an Excel spreadsheet or a Word Document for the calculations. If you do want or cannot use Excel or Word, you can complete the table and then submit a picture of the table. I want to see, whether you are able to complete the table correctly. Submit the completed table and answers to the questions...
TABLE 8.3 Measuring Costs Quantity (Q-Big Macs Total Cost TVC Average VariableAverage produced pe...
first picture is the table second one is the question
TABLE 8.3 Measuring Costs Quantity (Q-Big Macs Total Cost TVC Average VariableAverage produced perVariable Total Fixed Cost TFC AverageMarginal hour) Abbreviation: Total Cost Cost Fixed Cost Total Cost AVC AFC ATC Formula: $0.00 $100.00 $100.00 30.00 一 130,00 $.00 $10.00 13.00 100.00 5000 100.00 65.00 100.00 77.00100.00 20 30 5.00 3.33 2.17 1.93 1.74 165.00 177.00 187.00174 200.001.67 220.001.71 260.00 320.00 2.44 400.00 3.00 1.00 1.30 2.00 87.00 100.00 100.00...
Need help with questions 7,8,9 &10. Thank you Now assume a short-run situation where there are...
Need help with questions 7,8,9 &10. Thank you
Now assume a short-run situation where there
are a number of different firms using each technique of production,
and they are competing within the same industry. The quality of the
product is completely standardized; these firms compete only on the
basis of how cheaply they can produce it. They can sell output at
$93 per unit.
4. Firms using the Original technique of production will find
the level of output where profit...
please explain and show work рон 0.000398 TOH Acid/Base/Neutral 2.1 110 4.21 2.- In the following...
please explain and show work
рон 0.000398 TOH Acid/Base/Neutral 2.1 110 4.21 2.- In the following reaction identify the acid and its conjugate base and the base and its conjugate acid: Acid 3.- Determine the hydrogen and hydroxide concentration, when we dissolve 0.50 moles of the AH in 250 mL of solution. (Hint consider that [H+] is small) pKaa. 6.5 4.25 c. 5.6 x=[H*) = a. 2.12 * 104 b. 1.06 * 102 c. 3.86 * 10-5 [OH--a. 1.08 *1010...
(43) Assume a single firm in a purely competitive industry has short-run production costs as indicated in the following table. Answer questions a through c using the data from this table. TVC-Total variable Costs. TC=Total Costs: AFC=Average Fixed Costs; AVC=Average Variable Costs; ATC-Average Total Costs; MC-Marginal Costs Total Output Total Variable Cost $ TVC TC 0 $5.00 $8.00 $10.00 $11.00 $13.00 $16.00 $20.00 Total Cost $ Average Average Average Total Cost Cost $ MC Marginal Fixed CosVariable $ AFC Cost...
can someone explain how these numbers are calculated//explain
the answers to 3 & 4?
y all2012).UUCA homework 10-key(fall2019).docx (16.7 KB) 1 > of 2 0 - ZOOM Page TVC Case P AC 1000 TR 5000 8000 TFC $1,500 1000 AVC $5.50 3.00 MC ANSWER 5.00 4.50 3. $1.00 10000 8000 3.00 4.00 6000 Min. Level 2000 9000 7000 3.50 | 4.50 4.00 3. What do you recommend to the firm in case #1? A) increase output. B) decrease output, but...
which is correct? please explain
Identify the predominant reaction taking place in the solution at point A, 0 mL NaOH added. Acetic Acid Titration Curve 14.00 13.00 12.00 11.00 10.00 9.00 7.00 6.00 5.00 4.00 3.00 2.00 1.00 0.00 0.00 25.00 30.00 35.00 5.00 10.00 15.00 20.00 Volume NaOH (mL) HC2H302(aq) + OH - (aq)=C2H302-(aq) + H2O(1) HC2H302(aq) + H20(1) = C2H302 (aq) + H30+(aq) o C2H302 (aq) + H2O(1) = HC2H302(aq) + OH- (aq)
How to calculate the Total Cost (TC), Average Fixed Cost
(AFC), Average Total Cost (ATC), and Marginal Cost (MC)?
1. The schedule below gives the Total Variable Cost (TVC) for producing various quantities of smurfs (smurfs are an input into cat food production). The Total Fixed Costs (TFC) is $100. Calculate the following and fill in the blanks: Total Cost (TC), Average Fixed Cost (AFC), Average Variable Cost (AVC), Average Total Cost (ATC), and Marginal Cost (MC). Cost Schedule for...
Consider the table 7-2.
a. If the market price is $2.22 determine the profit maximizing
output.
b. If the market price is $1.50 determine the profit maximizing
output.
c. If the market price is $5.00 determine the profit maximizing
output.
Marginal Cost (MC) (10) (6) 20 140 TABLE 7-2 Short-Run Costs: Fixed Capital and Variable Labour Inputs Output Total Costs Average Costs Capital Labour Fixed Variable Total Fixed Variable Total (K) (L) (2) (TFC) (TVC) (TC) (AFC) (AVC) (ATC) (2)...
Complete the following table and graph AVC, ATC, and MC. The best way to submit this assignment is by cutting and pasting the table into an Excel spreadsheet or a Word Document for the calculations. If you do want or cannot use Excel or Word, you can complete the table and then submit a picture of the table. I want to see, whether you are able to complete the table correctly. Submit the completed table and answers to the questions...
first picture is the table second one is the question
TABLE 8.3 Measuring Costs Quantity (Q-Big Macs Total Cost TVC Average VariableAverage produced perVariable Total Fixed Cost TFC AverageMarginal hour) Abbreviation: Total Cost Cost Fixed Cost Total Cost AVC AFC ATC Formula: $0.00 $100.00 $100.00 30.00 一 130,00 $.00 $10.00 13.00 100.00 5000 100.00 65.00 100.00 77.00100.00 20 30 5.00 3.33 2.17 1.93 1.74 165.00 177.00 187.00174 200.001.67 220.001.71 260.00 320.00 2.44 400.00 3.00 1.00 1.30 2.00 87.00 100.00 100.00...
Need help with questions 7,8,9 &10. Thank you
Now assume a short-run situation where there
are a number of different firms using each technique of production,
and they are competing within the same industry. The quality of the
product is completely standardized; these firms compete only on the
basis of how cheaply they can produce it. They can sell output at
$93 per unit.
4. Firms using the Original technique of production will find
the level of output where profit...
please explain and show work
рон 0.000398 TOH Acid/Base/Neutral 2.1 110 4.21 2.- In the following reaction identify the acid and its conjugate base and the base and its conjugate acid: Acid 3.- Determine the hydrogen and hydroxide concentration, when we dissolve 0.50 moles of the AH in 250 mL of solution. (Hint consider that [H+] is small) pKaa. 6.5 4.25 c. 5.6 x=[H*) = a. 2.12 * 104 b. 1.06 * 102 c. 3.86 * 10-5 [OH--a. 1.08 *1010...
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