Fill out the tabe using the formulas for each (AFC, AVC, ATC, MC) and plot each on the graph. B C D Evc AVCAGH.K L.M NOQ RU V w X YZ AA AB AС AD AEAF4 QTFCAFCVCTCATC| MC20051200120190-6220180.7305170..84375160.9435150..106485140.117525130.128560.120139595110..14 10630100.15 116709016 127208017 137807018 148556019 159405020 1610354021 1711453022 1812702023 1914101024 201565252 3 4 156 7 8910 1i 12 13 14 15 16 17 18 19 20Sheet1Sheet?Sheet3

TC=TVC+TFC AC=AVC+AFC MC=TCQ AFC=TFCQ AVC=TVCQ AC=TCQ

KL M N R Z AA AB AC AD AE AF Q TFC | AFC vc | AVC TC ATC MC 200 1 200 120 190 2 220 180 3 305 170 4 375 160 5 435 150. 6. 485 140 525 130 8. 560 120. 9 595 110. 10 630 100. 11 670 90 12 720 80 13 780 70 14 855 60 15 940 50 16 1035 40 17 1145 30 18 1270 20 19 1410 10 20 1565 4 5 6 7 89 10 11 12 13. 14 15 16 iz h8 19 20

KL M N R Z AA AB AC AD AE AF Q TFC | AFC vc | AVC TC ATC MC 200 1 200 120 190 2 220 180 3 305 170 4 375 160 5 435 150. 6. 485 140 525 130 8. 560 120. 9 595 110. 10 630 100. 11 670 90 12 720 80 13 780 70 14 855 60 15 940 50 16 1035 40 17 1145 30 18 1270 20 19 1410 10 20 1565 4 5 6 7 89 10 11 12 13. 14 15 16 iz h8 19 20

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Refer to the data provided in Table 9.1 below to answer the question(s) that follow. Table 9.1 TC MC $50 1010 - N34567 9 1 2 E38888888 TVC TFC $50 $0 50 50 50 50 50 50 8008882 50 30 90 132 186 80 70 20 140 - 20 10 15 95 15 15 112 17 182 AAAARIN 236 AVC BB55558 42 15.50 28 18 22 54 2657 Refer to Table 9.1. If the market price is $42, then in the long run the firm will O operate and expand. Ooperate but not expand. shut down, but not go out of business. go out of business. ATC 2952283 70 40 31.67 30.33 33.71
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15*2+30= 60min= 1hr Where did 2 come from?
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The following table shows a money demand schedule, which is the quantity of money demanded at various price levels (P). Fill in the Value of Money column in the following table. Quantity of Money Demanded Price Level (P) Value of Money (1/P) (Billions of dollars) 0.80 1.5 1.00 2.0 1.33 3.5 2.00 7.0 Now consider the relationship between the price level and the quantity of money that people demand. The lower the price level, the money the typical transaction requires, and the money people will wish to hold in the form of currency or demand deposits.
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Questiion 4.1
Windhoch Maulacture Company son a government tender to manufacture nurse's uniform. Recently, hindhekh Manulaqure Commpon, hired an economist to estimatk its cost function For proclucing nursels unitho. The estimated cosk funChonis: TC=400Q-5007504here Q is the quantity of nurse's. luniform podiced l0oWhat is the level of auput at which the poduction. 6e the uniform minimizes the ATCP companys