ACTIVITY 6: CALCULATING COSTS 0 $38 Fill in the blank spaces of this table. Q VC...
MC VI $10 1 30 Fill in the blank spaces of this table. VC TC | AFC | AVC ATC $50 n/a n/a n/a 10 $10 $60.00 2 | 30 | 80 16.67 20 36.67 100 150 12.50 37.50 / 5 150 30 6 / 210 / 260 | 8.33 43.33 3 60 35
emaining the thour seconds Question Completion Status question Fill in the blank spaces of this costs table. Use only whole numbers MC Q 0 VC A TC $50 AFC n/a ATC n/a $60.00 $10 AVC n/a $10 E 20 B 80 30 36.67 30 H 100 150 210 150 D 16.67 12.50 M 8.33 37.50 5 6 N 30 35 60 260 43.33 B. G. 20 E. 15 J. 25 O. 50 Moving to another question will save this response
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...
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.
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
The total costs for Morris Industries are summarized in the following table. Based on this information, fill in the missing entries in the table for fixed cost, variable cost, average fixed cost, average variable cost, average total cost, and marginal cost. (1) (2) (3) (4) (5) (6) (7) (8) Q FC VC TC AFC AVC ATC MC 0 1,000 10 2,000 20 2,500 30 4,000 40 6,000 50 10,000 60 15,000
1. The following incomplete table shows a firm’s various costs of producing up to 6 units of output. Fill in as much of the table as possible. If you cannot determine the number in a box, explain why it is not possible to do so. Q TC TFC TVC MC ATC AFC AVC 1 100 2 160 3 20 4 95 5 170 6 120
Help Search 1 3 4 5 20.0 6 The table below shows the cost information for a firm in a perfectly competitive industry. What would be the shut down price for this firm? Q FC VC TC MC AFC AVC ATC 0 100 100 100 16 116 16 100.0 16.0 116.0 2 100 30 130 14 50.0 15.0 65.0 100 42 142 12 33.3 14.0 47.3 100 56 156 14 25.0 14.0 39.0 100 72 172 16 14.4 34.4 100...
7. (a) (15 pts.) With Figure 1 below showing shifts A and B, fill in the blank Table 1 showing the computation of the fraction of Bin Hours in each shift for the different time groups. VI V IV Group 1 A 9-12 13-16 17-20 21-24 Sunday Monday Tuesday Wednesday B B Thursday Friday Saturday Figure 1 Table 1 Computation of Fraction of Bin Hours in Each Shift Days Total in Shift A Fraction in Each Shift B Fraction in...
Only need 1-3, 7a, 7b, 7d, 9c, 9d, 9e, 9f Module 6 Assignment Worksheet Worksheet Instructions: 1. Complete this worksheet. 2. Once completed, navigate to Assignment 6 on Blackboard. This can be found under the Module 6 Assignments folder. 3. Refer to this worksheet when answering the questions online for Assignment 6. Worksheet Questions: Business is booming at the local McDonald's restaurant. It is contemplating adding a new grill and french-fry machine, but the day supervisor suggests simply hiring more...