Average variable cost is $4.00 when output is 50 units
what is the average variable cost went output is 50 units Table 13-15 Output Total Cost...
Table 13-9 Output Total Cost 니c 0 40 10 60 20 90 30 130 40 180 50 240 5. Refer to Table 13-9. What is average variable cost when output is 50 units? $3.60 b. $4.00 $4.40 d. $4.80 a. с.
Table 13-3 Number of Workers Output Fixed Cost Variable Cost Total Cost 0 0 $50 $0 $50 1 90 $50 $20 $70 2 170 $50 $40 $90 3 230 $50 $60 $110 4 240 $50 $80 $130 Refer to Table 13-3. If the firm can sell its output for $1 per unit, what is the profit-maximizing level of output? a. 170 units b. 190 units c. 240 units d. 230 units
19. Table 13-16 Quantity Total Cost Fixed Cost Variable Cost Marginal Cost Average Fixed Cost Average Variable Average Total Cost 0 $24 $16 $50 $108 Refer to Table 13-16. What is the fixed cost of producing units of output? a. $16 b. $24 C. $12 d. $0 20. Refer to Table 13-16 in Question 19. What is the total cost of producing 2 units of output? a $76 b. $74 C. $58 d. $50 21. Refer to Table 13-16 in...
Table 13-9 4o Output 0 10 20 30 40 Total Cost 40 60 90 130 180 240 50 6. Refer to Table 13-9. What is variable cost when output equals 30 units? -- :a. $4.00 - --b. $4:33. ------- c. $40.00 - d. $90.00 . .
Table 13-15 Output (Q) 0 110 Total Cost (TC) $40 $60 S90 S130 $180 $240 22. Refer to Table 13-15. What is the total fixed cost for this firm? a. $30 b. $20 c. $40 d. $50 23. Refer to Table 13-15. What is average fixed cost when output is 40 units? a. $8.00 b. $3.32 c. $1.00 d. $5.00 24. If long-run average total cost decreases as the quantity of output increases, the firm is experiencing a. fixed costs...
please help with this microeconomics question! on 15 Table 13-16 t red Average Variable Marginal Average Total out of Average Quantity Total Cost Fixed Fixed Cost Cost Cost Variable Cost Cost Cost ion 0 $24 1 $16 2 $50 3 $108 $40 Refer to Table 13-16. What is the total cost of producing 2 units of output? Select one O a $58 b.$50 c$76 d. $74
Table 13-1 Number of Workers Total Output Marginal Product 140 6. Refer to Table 13-1. What is total output when 2 workers are hired? a. 15 b. 45 c. 75 d. 120 et de 7. Refer to Figure 13-2. If the figure represented production at a cookie factory, the factory would be experiencing a. diminishing marginal product of workers b. diminishing marginal cost of cookie production c. decreasing cost of cookie production d. decreasing output of cookies. Wose Jan started...
Economies of scale occur when Select one: a. long-run average total costs rise as output increases. b. long-run average total costs fall as output increases. c. long-run average total costs are constant. NumberofWorkers Output FixedCost VariableCost TotalCost 0 0 $50 $0 1 90 $50 $20 $70 2 170 $50 $40 3 230 $50 $60 $110 4 240 $80 $130 Refer to Table 13-3. If the firm produces an output of 170 units, what is the total cost? Select one: a....
QUESTION 1 Table 13-16 Quantity Total Cost Fixed Cost Variable Cost Marginal Cost Average Fixed Cost Average Variable Cost Average Total Cost 0 $24 $50 3 $108 $40 Refer to Table 13-16. What is the total cost of producing 2 units of output? a. $76 b. $50 c. $58 d. $74 Figure 14-13 Suppose a firm in a competitive industry has the following cost curves: sem MC ATC AVC Refer to Figure 14-13. If the price is $6 in the...
Refer to the table below. What is the total cost of this firm when it doesn't produce any output? The following table shows the total output, variable costs, fixed costs, total costs, average total costs, and marginal costs of a firm, with some cells in the table intentionally left blank. Total Output Variable Costs Average Total (units) ks) Fixed Costs ($) Total Cost ($) Cost (5) Marginal Cost (S) 100 n.a. 10 5 10 122 17 8.24 Refer to the...