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7. The total cost of producing X number of DVD's fx 6.0x + 450,000 (show all...
3. The total cost for producing x items is given by C(x) = 3x2 + 15x...
3. The total cost for producing x items is given by C(x) = 3x2 + 15x + 75. a. 8 pts How many items must be produced to minimize average cost? Show all work, including verifying that the value you found corresponds to a minimum. Answers from a graph or calculator will not receive full credit. b. 2 pts What is the minumum average cost (include units)? c. 6 pts What is the marginal cost at the production level you...
If the total cost function for producing x lamps is C(x) = 3920 + 36x +...
If the total cost function for producing x lamps is C(x) = 3920 + 36x + 0.8x? dollars, producing how many units, x, will result in a minimum average cost per unit? X units Find the minimum average cost per unit. $
If the total cost function for producing x lamps is C(x) = 90 + 34x +...
If the total cost function for producing x lamps is C(x) = 90 + 34x + 0.1x2 dollars, producing how many units, x, will result in a minimum average cost per unit? units Find the minimum average cost per unit. $
Find the minimum cost of producing 50,000 units of a product, where x is the number...
Find the minimum cost of producing 50,000 units of a product, where x is the number of units of labor (at $84 per unit) and y is the number of units of capital (at $48 per unit). (Round your answer to two decimal places.) P(x, y) = 100x0.6 0.4
7) The total cost (TC) of producing computer software diskettes (Q) is given as: TC -...
7) The total cost (TC) of producing computer software diskettes (Q) is given as: TC - 200 + SQ. What is the marginal cost? A) 200 B) 50 C) 5+ (200/0) D) 5 8) The total cost (TC) of producing computer software diskettes (Q) is given as: TC - 200+ 50. What is the average total cost? A) 500 C) 50 B) 5+ (200/0) D) 5 enne n The marginal cost is constant at $0.10 for all
7) Total Variable cost = Number of units sold x variable cost per unit 8) Operating...
7) Total Variable cost = Number of units sold x variable cost per unit 8) Operating Leverage = Contribution Margin / Net Income Complete the below table: Sales Variable Cost Total Contribution Margin Fixed Costs Operating Income Break-even Sales Revenue 150,000 125,000 50,000 B 85,000 35,000 15,000 75,000 65,000 113,750 D 180,000 50,000 144,000 Remember: 1) Variable costs rise and fall with an increase or decrease in revenue 2) Fixed costs do not rise and fall with an increase or...
show all steps and formulas output 7 should be 768 Output Total Fixed Cost Total Variable...
show all steps and formulas
output 7 should be 768
Output Total Fixed Cost Total Variable Cost Total Cost Average Fixed Cost Average Variable Cost Average Total Cost Marginal Cost 120 265 264 161 525 120 568 I. II. Complete the table that shows short run production and cost data If the price of the product is $75, what is the equilibrium level of output; will this firm make a profit or loss at this level of output? Will this...
Marginal Fixed Quantity cost cost cost 0 --- Variable cost Total Average fixed Average variable Average...
Marginal Fixed Quantity cost cost cost 0 --- Variable cost Total Average fixed Average variable Average total cost cost cost cost $40.00 $72.00 $105.00 $40.00 $380.00 What is the total cost when producing zero units? total cost: $ What is the marginal cost for the first unit? marginal cost: $ What is the average total cost when producing three units? average total cost: $ What is the average variable cost when producing four units? average variable cost: $ average variable...
review help please aments Exhibit 7-8 Costs schedules for producing pleza Fixed Cost Variable Cost Total...
review help please
aments Exhibit 7-8 Costs schedules for producing pleza Fixed Cost Variable Cost Total Cost Marginal Cast Pizzas 0 $ $ s $ ames 5 use Online ng 2 13 int Survey 3 10 4 00 40 5 20 6 5 215 By filling in the blanks in Exhibit 7-8, the total cost of producing zero pizzas is shown to be equal to: O $105 0.55 5100 O 595 th Screen Shot 2.png Screen Shot 2png Screen Shot...
The costs associated with producing six widgets are as follows: .80 variable cost per widget and...
The costs associated with producing six widgets are as follows: .80 variable cost per widget and .10 fixed cost per widget. Using this information, complete the following calculations: What is the total cost of producing six widgets? What is the average total cost of producing six widgets? If the variable cost of producing five widgets is .60 and the fixed cost for producing five widgets is .10, what is the marginal cost of producing the sixth widget? How would each...
3. The total cost for producing x items is given by C(x) = 3x2 + 15x + 75. a. 8 pts How many items must be produced to minimize average cost? Show all work, including verifying that the value you found corresponds to a minimum. Answers from a graph or calculator will not receive full credit. b. 2 pts What is the minumum average cost (include units)? c. 6 pts What is the marginal cost at the production level you...
If the total cost function for producing x lamps is C(x) = 3920 + 36x + 0.8x? dollars, producing how many units, x, will result in a minimum average cost per unit? X units Find the minimum average cost per unit. $
If the total cost function for producing x lamps is C(x) = 90 + 34x + 0.1x2 dollars, producing how many units, x, will result in a minimum average cost per unit? units Find the minimum average cost per unit. $
Find the minimum cost of producing 50,000 units of a product, where x is the number of units of labor (at $84 per unit) and y is the number of units of capital (at $48 per unit). (Round your answer to two decimal places.) P(x, y) = 100x0.6 0.4
7) The total cost (TC) of producing computer software diskettes (Q) is given as: TC - 200 + SQ. What is the marginal cost? A) 200 B) 50 C) 5+ (200/0) D) 5 8) The total cost (TC) of producing computer software diskettes (Q) is given as: TC - 200+ 50. What is the average total cost? A) 500 C) 50 B) 5+ (200/0) D) 5 enne n The marginal cost is constant at $0.10 for all
7) Total Variable cost = Number of units sold x variable cost per unit 8) Operating Leverage = Contribution Margin / Net Income Complete the below table: Sales Variable Cost Total Contribution Margin Fixed Costs Operating Income Break-even Sales Revenue 150,000 125,000 50,000 B 85,000 35,000 15,000 75,000 65,000 113,750 D 180,000 50,000 144,000 Remember: 1) Variable costs rise and fall with an increase or decrease in revenue 2) Fixed costs do not rise and fall with an increase or...
show all steps and formulas
output 7 should be 768
Output Total Fixed Cost Total Variable Cost Total Cost Average Fixed Cost Average Variable Cost Average Total Cost Marginal Cost 120 265 264 161 525 120 568 I. II. Complete the table that shows short run production and cost data If the price of the product is $75, what is the equilibrium level of output; will this firm make a profit or loss at this level of output? Will this...
Marginal Fixed Quantity cost cost cost 0 --- Variable cost Total Average fixed Average variable Average total cost cost cost cost $40.00 $72.00 $105.00 $40.00 $380.00 What is the total cost when producing zero units? total cost: $ What is the marginal cost for the first unit? marginal cost: $ What is the average total cost when producing three units? average total cost: $ What is the average variable cost when producing four units? average variable cost: $ average variable...
review help please
aments Exhibit 7-8 Costs schedules for producing pleza Fixed Cost Variable Cost Total Cost Marginal Cast Pizzas 0 $ $ s $ ames 5 use Online ng 2 13 int Survey 3 10 4 00 40 5 20 6 5 215 By filling in the blanks in Exhibit 7-8, the total cost of producing zero pizzas is shown to be equal to: O $105 0.55 5100 O 595 th Screen Shot 2.png Screen Shot 2png Screen Shot...
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