Homework Answers
|
Quantity |
Price |
Total Revenue |
Total Cost |
Marginal Cost |
Marginal Revenue |
|
0 |
31 |
0 |
50 |
||
|
25 |
29 |
725 |
100 |
2 |
29 |
|
30 |
27 |
810 |
107.5 |
1.5 |
17 |
|
35 |
25 |
875 |
117.5 |
2 |
13 |
|
40 |
23 |
920 |
132.5 |
3 |
9 |
|
45 |
21 |
945 |
157.5 |
5 |
5 |
|
50 |
19 |
950 |
192.5 |
7 |
1 |
Profit-Maximizing quantity = 45 (Where MC=MR)
Profit-Maximizing price = $21
Profit = $787.5
Add Answer to:
The table below shows the total cost (TC) and marginal cost (MC) for Choco Lovers, a...
The table below shows the total cost (TC) and marginal cost (MC) for Choco Lovers, a...
The table below shows the total cost (TC) and marginal cost (MC) for Choco Lovers, a monopolistic firm producing different quantities of chocolate gift boxes. Fill in the blanks in the table. Total Revenue Marginal Cost Marginal Revenue Total Cost Quantity Price 0 $ 31 0 50 100 S 25 29 725 2 30 810 108 2 17 35 25 118 13 23 40 920 133 9 45 21 945 50 19 950 193 Instructions: Enter your answers as whole...
The table below shows the total cost (TC) and marginal cost (MC) for Choco Lovers, a...
The table below shows the total cost (TC) and marginal cost (MC)
for Choco Lovers, a perfectly competitive firm producing different
quantities of chocolate gift boxes. The market price of a gift box
is $10 per box.
Instructions: Enter your answers as whole numbers. For
profit per gift box, round your answers to 2 decimal
places.
a. Fill in the marginal revenue (MR) and average revenue (AR)
columns.
b. Given a price of $10 per gift box, how many gift...
The table below shows the total cost (TC) and marginal cost (MC) for Choco Lovers, a...
The table below shows the total cost (TC) and marginal cost (MC) for Choco Lovers, a perfectly competitive firm producing different f chocolate gift boxes. The market price of a gift box is $12 per box. quantities Instructions: Enter your answers as whole numbers. For profit per gift box, round your answers to 2 decimal places. a. Fll In the marginal revenue (MR) and average revenue (AR) columns. Choco Lovers Cost and Revenue ME Quantity тс мс AB Gift Boxes...
Choco Lovers Costs and Revenue MC Quantity TC ATC (S) (S) (S) of Gift Boxes 5.75...
Choco Lovers Costs and Revenue MC Quantity TC ATC (S) (S) (S) of Gift Boxes 5.75 5.00 20 115.00 5.50 25 137.50 5 42 5.00 30 6.00 35 192.50 8.00 232.50 5.81 40 282.50 6.28 10.00 45 Instructions: Enter your answers below as whole numbers. For profit and profit per unit, round your answers to 2 decimal places. Include a negative sign if necessary Profit-maximizing price Profit-maximizing quantity 8 Total revenue Profit = Profit per unit =
Help Save&Exit Check my The table below shows cost and revenue information for Choco Lovers, a...
Help Save&Exit Check my The table below shows cost and revenue information for Choco Lovers, a perfectly competitive firm producing different quantities of chocolate gift boxes. Fill in the blanks in the table Instructions: Round your answers to 2 decimal places 10 Choco Lovers Costs and Revenue TC ATC of Gift Boxes) 60.00 67.50 12.00 675 5 17 2.00 10 15 20 ferences 2.00 3.00 5.00 7.00 92 50 25117.50 4.70 5.08 30 152 50 Instructions Enter your answers below...
The table below shows the weekly marginal cost (MC) and averagetotal cost (ATC) for Buddies,...
The table below shows the weekly marginal cost (MC) and average
total cost (ATC) for Buddies, a perfectly competitive firm that
produces novelty ear buds in a competitive market. The market price
of ear buds is $6.00 per pair.Buddies Production CostsQuantity of Ear BudsMCATC($)($)5-81025152.454.15203.5542544305.54.253564.5408.55Instructions: In part a, enter your answer as
the closest given whole number.a. If Buddies wants to maximize its profits, how many pairs of
ear buds should it produce?_______ pairsInstructions: In parts b-d, round your answers
to...
The table below shows the weekly marginal cost (MC) and average total cost (ATC) for Buddies,...
The table below shows the weekly marginal cost (MC) and average total cost (ATC) for Buddies, a perfectly competitive firm that produces novelty ear buds in a competitive market. The market price of ear buds is $6.00 per pair. Buddies Production Costs Quantity MC ATC of Ear Buds ($) ($) 10 3.5 15 2 2.44 2.86 3.56 4.02 3.17 5.48 3.5 40 5.98 3.81 45 8.49 4.33 20 25 35 Instructions: In part a, enter your answer as the closest...
Finish the table. MPL: Marginal production of labor TC: Total cost MC: Marginal Cost AFC: Average...
Finish the table.
MPL: Marginal production of labor
TC: Total cost
MC: Marginal Cost
AFC: Average fixed cost
AVC: Average variable cost
ATC: Average total cost
lormal text - Times New... - 12 B I VA G E A E 1 E- Labor Week 6 Assignment: Production Costs 20 Points) Output MPL FC VC TC MC AFC AVC ATC (Q) 0 25 WN 25 50 75 100 13 25 15 F 16 25 125 1. Complete the table above. (4...
QUESTION 3 Marginal Revenue ($) Marginal Cost (5) Revenue (5) Table: Profit-Maximizing Monopolist Price Quantity Total...
QUESTION 3 Marginal Revenue ($) Marginal Cost (5) Revenue (5) Table: Profit-Maximizing Monopolist Price Quantity Total Average ($) (Units) Cost ($) Cost ($) 11 6 17 10 7 19 9 8 21 8 9 23 17 10 25 Reference: Ref 13-2 (Table: Profit-Maximizing Monopolist) Refer to the table. The profit-maximizing quantity for this monopolist is units O A7 OB.9 OC. 10 D.8
QUESTION 1 Marginal Revenue ($) Marginal Cost ($) Revenue ($) Table: Profit-Maximizing Monopolist Price Quantity Total...
QUESTION 1 Marginal Revenue ($) Marginal Cost ($) Revenue ($) Table: Profit-Maximizing Monopolist Price Quantity Total Average ($) (Units) Cost ($) Cost ($) 11 17 10 19 9 8 21 8 9 23 7 10 25 7 Reference: Ref 13-2 to the table. When this monopolist sells 8 units, its average cost and marginal cost levels are: (Table: Profit-Maximizing Monopolist) A. $2.56 and $2 respectively. B. $2.63 and $2 respectively. C. $2.56 and 54 respectively. OD. $2.63 and 54 respectively.
The table below shows the total cost (TC) and marginal cost (MC) for Choco Lovers, a monopolistic firm producing different quantities of chocolate gift boxes. Fill in the blanks in the table. Total Revenue Marginal Cost Marginal Revenue Total Cost Quantity Price 0 $ 31 0 50 100 S 25 29 725 2 30 810 108 2 17 35 25 118 13 23 40 920 133 9 45 21 945 50 19 950 193 Instructions: Enter your answers as whole...
The table below shows the total cost (TC) and marginal cost (MC)
for Choco Lovers, a perfectly competitive firm producing different
quantities of chocolate gift boxes. The market price of a gift box
is $10 per box.
Instructions: Enter your answers as whole numbers. For
profit per gift box, round your answers to 2 decimal
places.
a. Fill in the marginal revenue (MR) and average revenue (AR)
columns.
b. Given a price of $10 per gift box, how many gift...
The table below shows the total cost (TC) and marginal cost (MC) for Choco Lovers, a perfectly competitive firm producing different f chocolate gift boxes. The market price of a gift box is $12 per box. quantities Instructions: Enter your answers as whole numbers. For profit per gift box, round your answers to 2 decimal places. a. Fll In the marginal revenue (MR) and average revenue (AR) columns. Choco Lovers Cost and Revenue ME Quantity тс мс AB Gift Boxes...
Choco Lovers Costs and Revenue MC Quantity TC ATC (S) (S) (S) of Gift Boxes 5.75 5.00 20 115.00 5.50 25 137.50 5 42 5.00 30 6.00 35 192.50 8.00 232.50 5.81 40 282.50 6.28 10.00 45 Instructions: Enter your answers below as whole numbers. For profit and profit per unit, round your answers to 2 decimal places. Include a negative sign if necessary Profit-maximizing price Profit-maximizing quantity 8 Total revenue Profit = Profit per unit =
Help Save&Exit Check my The table below shows cost and revenue information for Choco Lovers, a perfectly competitive firm producing different quantities of chocolate gift boxes. Fill in the blanks in the table Instructions: Round your answers to 2 decimal places 10 Choco Lovers Costs and Revenue TC ATC of Gift Boxes) 60.00 67.50 12.00 675 5 17 2.00 10 15 20 ferences 2.00 3.00 5.00 7.00 92 50 25117.50 4.70 5.08 30 152 50 Instructions Enter your answers below...
The table below shows the weekly marginal cost (MC) and average
total cost (ATC) for Buddies, a perfectly competitive firm that
produces novelty ear buds in a competitive market. The market price
of ear buds is $6.00 per pair.Buddies Production CostsQuantity of Ear BudsMCATC($)($)5-81025152.454.15203.5542544305.54.253564.5408.55Instructions: In part a, enter your answer as
the closest given whole number.a. If Buddies wants to maximize its profits, how many pairs of
ear buds should it produce?_______ pairsInstructions: In parts b-d, round your answers
to...
The table below shows the weekly marginal cost (MC) and average total cost (ATC) for Buddies, a perfectly competitive firm that produces novelty ear buds in a competitive market. The market price of ear buds is $6.00 per pair. Buddies Production Costs Quantity MC ATC of Ear Buds ($) ($) 10 3.5 15 2 2.44 2.86 3.56 4.02 3.17 5.48 3.5 40 5.98 3.81 45 8.49 4.33 20 25 35 Instructions: In part a, enter your answer as the closest...
Finish the table.
MPL: Marginal production of labor
TC: Total cost
MC: Marginal Cost
AFC: Average fixed cost
AVC: Average variable cost
ATC: Average total cost
lormal text - Times New... - 12 B I VA G E A E 1 E- Labor Week 6 Assignment: Production Costs 20 Points) Output MPL FC VC TC MC AFC AVC ATC (Q) 0 25 WN 25 50 75 100 13 25 15 F 16 25 125 1. Complete the table above. (4...
QUESTION 3 Marginal Revenue ($) Marginal Cost (5) Revenue (5) Table: Profit-Maximizing Monopolist Price Quantity Total Average ($) (Units) Cost ($) Cost ($) 11 6 17 10 7 19 9 8 21 8 9 23 17 10 25 Reference: Ref 13-2 (Table: Profit-Maximizing Monopolist) Refer to the table. The profit-maximizing quantity for this monopolist is units O A7 OB.9 OC. 10 D.8
QUESTION 1 Marginal Revenue ($) Marginal Cost ($) Revenue ($) Table: Profit-Maximizing Monopolist Price Quantity Total Average ($) (Units) Cost ($) Cost ($) 11 17 10 19 9 8 21 8 9 23 7 10 25 7 Reference: Ref 13-2 to the table. When this monopolist sells 8 units, its average cost and marginal cost levels are: (Table: Profit-Maximizing Monopolist) A. $2.56 and $2 respectively. B. $2.63 and $2 respectively. C. $2.56 and 54 respectively. OD. $2.63 and 54 respectively.
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