PLEASE ANSWER QUESTIONS CORRECTLY AND ANSWERS MUST BE CLEAR TO READ!!! THANKS!!!!
Homework Answers
a) Average total cost = Fixed cost + variable cost.
Variable cost is the cost which depends on the output i.e. as the production of the Pizza increase the variable cost will also increase. Labor wages, inputs like wheat or taxes are all example of variable cost.
If the taxes are reduced The ATC will decrease and therefor the curve will shift down. The average variable cost will decrease, it will also shift downward, and the AFC will remain unaffected.
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PLEASE ANSWER QUESTIONS CORRECTLY AND ANSWERS MUST BE CLEAR TO
READ!!! THANKS!!!!
7. Cost-curve shifters The...
The following graph shows the average total cost (ATC) curve, average variable cost (AVC) curve, and...
The following graph shows the average total cost (ATC) curve, average variable cost (AVC) curve, and average fixed cost (AFC) curve for Eleanor's Pizza Parlor when the retail price Eleanor pays for pizza sauce, including sales tax, is $15 per gallon. ATC AVC OUTPUT (Pizzas per day) Suppose the sales tax on pizza sauce is removed, so the price of pizza sauce decreases to $14 per gallon. In the following table, indicate how each cost and curve is affected, if...
please answer the effects at the bottom. the choices are: - shift upward - shift downward...
please answer the effects at the bottom.
the choices are:
- shift upward
- shift downward
- no change
4. Cost-curve shifters Aa Aa E The following graphs depict the costs and expenses in the short run and the long run for Xavier's Pizza Place. Xavier must pay $200 per month to rent pizza ovens (including sales tax) and $15 per hour for his workers. He also pays an additional $2,000 a month for a license that allows him to...
PLEASE ANSWER ALL THE QUESTIONS & ANSWERS MUST BE CLEAR TO READ! THANKS! The following graph...
PLEASE ANSWER ALL THE QUESTIONS & ANSWERS MUST BE CLEAR TO
READ! THANKS!
The following graph shows the short-run average total cost curves and the long-run average total cost curve for a publishing firm. The five ma quantities indicate points of tangency between each short-run average total cost curve (ATC) and the long-run average total cost curve (LRA for example, Q1 marks the point of tangency between ATC1 and LRATC. The orange point on ATC1 indicates the firm's current output...
4. Cost-curve shifters Aa Aa E The following graphs depict the costs and expenses in the...
4. Cost-curve shifters Aa Aa E The following graphs depict the costs and expenses in the short run and the long run for Albert's Pizza Place. Albert must pay $200 per month to rent pizza ovens (including sales tax) and $15 per hour for his workers. He also pays an additional $2,000 a month for a license that allows him to sell beer at his pizza parlor. Short Run Long Run DOLLARS DOLLARS OUTPUT OUTPUT Now, suppose that new legislation...
attempts: C D Keep the Highest: /1 L2. Shifts in cost curves The following graph shows...
attempts: C D Keep the Highest: /1 L2. Shifts in cost curves The following graph shows the average total cost curve (ATC), average variable cost curve (AVC ), and average fixed cost curve (AFC) for Kate's Pizza Parlor when Kate pays her workers a wage of $15 per hour. a PRICE Dollars per OUTPUT Pumper day Suppose the wage Kate pays her workers increases to $20 per hour In the following table, indicate how each curve is affected, if at...
Please answer everything! I will give a thumbs up!! Chapter 9 Cost and Productivity Exercises Name:...
Please answer everything! I will give a thumbs up!!
Chapter 9 Cost and Productivity Exercises Name: The following problems are designed to help with the relationship between the costs and productivity measures. Answer each question separately because it does not depend on the other answers. 1. If Bill's Pizza Parlor can serve 30 tables with 3 waiters and 35 tables with 4 waiters, the marginal product of the fourth waiter is ). 2. If Clean Ft. Myers garbage collection company...
Please answer everything! I will give a thumbs up!! Chapter 9 Cost and Productivity Exercises Name:...
Please answer everything! I will give a thumbs up!!
Chapter 9 Cost and Productivity Exercises Name: The following problems are designed to help with the relationship between the costs and productivity measures. Answer each question separately because it does not depend on the other answers. 1. If Bill's Pizza Parlor can serve 30 tables with 3 waiters and 35 tables with 4 waiters, the marginal product of the fourth waiter is ). 2. If Clean Ft. Myers garbage collection company...
Please answer everything! I will give a thumbs up!! Chapter 9 Cost and Productivity Exercises Name:...
Please answer everything! I will give a thumbs up!!
Chapter 9 Cost and Productivity Exercises Name: The following problems are designed to help with the relationship between the costs and productivity measures. Answer each question separately because it does not depend on the other answers. 1. If Bill's Pizza Parlor can serve 30 tables with 3 waiters and 35 tables with 4 waiters, the marginal product of the fourth waiter is ). 2. If Clean Ft. Myers garbage collection company...
PLEASE ANSWER QUESTIONS CAREFULLY & ANSWERS MUST BE CLEAR TO READ! THANKS! 5. Total, average, and...
PLEASE ANSWER QUESTIONS CAREFULLY & ANSWERS MUST BE CLEAR TO
READ! THANKS!
5. Total, average, and marginal product Happy Cupcake, a cupcake shop, has the following marginal produtve(labeled MP) for its hourly production. 20 Average Product 16 - 0 14 O 12T MP QUANTITY OF LABOR (Workers) Use the MP curve to fill in the Total Product column in the following table. Total Product Average Product (Cupcakes per worker) Workers (Cupcakes per hour) 10 14 12 10 12 12 4...
Please see the highlighted question in Yellow. (Needed to answer the dropdowns) Please answer the effects...
Please see the highlighted question in Yellow. (Needed to answer
the dropdowns)
Please answer the effects at the bottom.
the choices are as follows:
- shift upward
- shift downward
- no change
4. Cost-curve shifters Aa Aa The following graphs depict the costs and expenses in the short run and the long run for Brian's Pizza Place. Brian must pay $200 per month to rent pizza ovens (including sales tax) and $15 per hour for his workers. He also...
The following graph shows the average total cost (ATC) curve, average variable cost (AVC) curve, and average fixed cost (AFC) curve for Eleanor's Pizza Parlor when the retail price Eleanor pays for pizza sauce, including sales tax, is $15 per gallon. ATC AVC OUTPUT (Pizzas per day) Suppose the sales tax on pizza sauce is removed, so the price of pizza sauce decreases to $14 per gallon. In the following table, indicate how each cost and curve is affected, if...
please answer the effects at the bottom.
the choices are:
- shift upward
- shift downward
- no change
4. Cost-curve shifters Aa Aa E The following graphs depict the costs and expenses in the short run and the long run for Xavier's Pizza Place. Xavier must pay $200 per month to rent pizza ovens (including sales tax) and $15 per hour for his workers. He also pays an additional $2,000 a month for a license that allows him to...
PLEASE ANSWER ALL THE QUESTIONS & ANSWERS MUST BE CLEAR TO
READ! THANKS!
The following graph shows the short-run average total cost curves and the long-run average total cost curve for a publishing firm. The five ma quantities indicate points of tangency between each short-run average total cost curve (ATC) and the long-run average total cost curve (LRA for example, Q1 marks the point of tangency between ATC1 and LRATC. The orange point on ATC1 indicates the firm's current output...
4. Cost-curve shifters Aa Aa E The following graphs depict the costs and expenses in the short run and the long run for Albert's Pizza Place. Albert must pay $200 per month to rent pizza ovens (including sales tax) and $15 per hour for his workers. He also pays an additional $2,000 a month for a license that allows him to sell beer at his pizza parlor. Short Run Long Run DOLLARS DOLLARS OUTPUT OUTPUT Now, suppose that new legislation...
attempts: C D Keep the Highest: /1 L2. Shifts in cost curves The following graph shows the average total cost curve (ATC), average variable cost curve (AVC ), and average fixed cost curve (AFC) for Kate's Pizza Parlor when Kate pays her workers a wage of $15 per hour. a PRICE Dollars per OUTPUT Pumper day Suppose the wage Kate pays her workers increases to $20 per hour In the following table, indicate how each curve is affected, if at...
Please answer everything! I will give a thumbs up!!
Chapter 9 Cost and Productivity Exercises Name: The following problems are designed to help with the relationship between the costs and productivity measures. Answer each question separately because it does not depend on the other answers. 1. If Bill's Pizza Parlor can serve 30 tables with 3 waiters and 35 tables with 4 waiters, the marginal product of the fourth waiter is ). 2. If Clean Ft. Myers garbage collection company...
Please answer everything! I will give a thumbs up!!
Chapter 9 Cost and Productivity Exercises Name: The following problems are designed to help with the relationship between the costs and productivity measures. Answer each question separately because it does not depend on the other answers. 1. If Bill's Pizza Parlor can serve 30 tables with 3 waiters and 35 tables with 4 waiters, the marginal product of the fourth waiter is ). 2. If Clean Ft. Myers garbage collection company...
Please answer everything! I will give a thumbs up!!
Chapter 9 Cost and Productivity Exercises Name: The following problems are designed to help with the relationship between the costs and productivity measures. Answer each question separately because it does not depend on the other answers. 1. If Bill's Pizza Parlor can serve 30 tables with 3 waiters and 35 tables with 4 waiters, the marginal product of the fourth waiter is ). 2. If Clean Ft. Myers garbage collection company...
PLEASE ANSWER QUESTIONS CAREFULLY & ANSWERS MUST BE CLEAR TO
READ! THANKS!
5. Total, average, and marginal product Happy Cupcake, a cupcake shop, has the following marginal produtve(labeled MP) for its hourly production. 20 Average Product 16 - 0 14 O 12T MP QUANTITY OF LABOR (Workers) Use the MP curve to fill in the Total Product column in the following table. Total Product Average Product (Cupcakes per worker) Workers (Cupcakes per hour) 10 14 12 10 12 12 4...
Please see the highlighted question in Yellow. (Needed to answer
the dropdowns)
Please answer the effects at the bottom.
the choices are as follows:
- shift upward
- shift downward
- no change
4. Cost-curve shifters Aa Aa The following graphs depict the costs and expenses in the short run and the long run for Brian's Pizza Place. Brian must pay $200 per month to rent pizza ovens (including sales tax) and $15 per hour for his workers. He also...
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