Q: Joey is opening a coffee shop and he needs to decide how many baristas he should staff. He did some…
A: The following problem has been solved as follows:
Q: On the breakeven graph below what does Line A represent? Break Even Analysis $250,000 $200,000…
A: In economics, break-even analysis is used to determine an output level at which an economy or a firm…
Q: Figure 1 Revenue MC and cost (dollars per unit) $40 MR ATC AVC 24 20 14 12 8 a. 55 100 150 200…
A: The marginal revenue represents the revenue fetched by a business unit on selling the incremental…
Q: (dollas мс . F 40 E ATC 30 AVC 22 в 20 ED0 350 Output (unit) 425 450 0 rri
A: The total fixed cost is the cost that remain constant in total dollar amount irrespective tio the…
Q: rehouse cost is ?$7 times the maximum nun pooks stored. Assuming 4900 copies of the ok are needed…
A: Here, we calculate the order quantity of book in each print run by the following method given below…
Q: Date 4f Maciable Cost = VC = 60 Rs Pee unit Selling Pice = SP = PS= 7 SR peaunit Fixed Cost =Fc=…
A: Given Information Variable cost = 60 Rs/unitSelling price = 75 Rs/ unitFixed cost = 12000 Rs
Q: Cost LRAC 40 30 N 20 10 100 200 400 800 Output
A: The firm earns maximum profit at the point where the average costs are the minimum. To understand…
Q: Solve the problem. 16) A company estimates that the daily cost (in dollars) of producing x chocolate…
A: C(x) = 810 + 0.03x + 0.0002x2 . Company Produces 720 chocolate bars
Q: TC 50 TR 40 30 otal cost (dollars per day)
A: Economic profit is zero when total revenue and total cost are equal to each other. Hence, there is…
Q: Calculate Economic Order Quantity (EOQ), number of orders, annual ordering costs, annual carrying…
A: Given information: Annual consumption (C) = 6,000 units Carrying (holding) cost per unit (H) = RO 2…
Q: Refer to the information provided in Table below to answer the question that follow. Number of…
A: Total cost is the total expenditure incurred by the producer in the production process. Marginal…
Q: Given: TR = 193Q -4Q² TC = 1/3Q³-12Q²+179Q+100 (A). Find Q to get maximum TR (Notes: Use 3 digits…
A: Answer;
Q: Given that fixed cost 330 and varioble cost+120: the totol varioble cost of producing 30 unts of…
A: Total cost is the sum of fixed cost and variable cost
Q: Gomer runs a small pottery He heres one helper at $4,500 per year pays annual reet of $500 shop per…
A: An economic profit or loss is the difference between the revenue received from the sale of an output…
Q: Interest Table Cost. 1.2: Amount Rates Loan #1 = $28,000 2.40% Loan #2 = $40,000 2.50% Owner's Last…
A: Accounting profit is a company's net income, which is defined as revenue minus costs. Accounting…
Q: chern California is given by: P = 13 N0.80 ed on your knowledge of non-line- essions and logarithm…
A: *Answer:
Q: 60000 15. Mrs. Thomas is planning on buying a food truck to sell her soon-to-be famous beef -40000…
A: 15)a) The cost of the truck would be her earnings when there are zero events. Since the earnings are…
Q: The Geneva Watch Corporation manufactures watches on a conveyor belt with six stations. One worker…
A: "Since you have asked a question with multiple sub-parts, we will solve the first three sub-parts…
Q: 1 Grass sod cost 35.00 per square meter and fencing cost 100.00 a linear foot. Display the total…
A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…
Q: Hactory produces 20 units of output. Its average faed cost (AFC) - $25, everage total cost (ATC) -…
A: Output: Q=20 AFC=$25 ATC=$35 MC=$15 Variable cost is that cost which varies with output…
Q: An advertisement has two 2 liter bottles and a 12 pack of "Bubbly-Cola". The top says "Speedy…
A: bubbly cola cost speedy $16.20 per case of 24 bottles. Bubbly cola cost per bottle = $16.2/24 =…
Q: G IVEN: F IXED COST - $ 14,000 , 000.00 VARIABLE COST - P 8750 00/ UNIT SE LLING PRICE 15,000. 00/UN…
A: Given Fixed cost = 14000000 Variable cost = 8750 per unit Selling price = 15000 per unit
Q: Tatal Cost AVC AFC ATC MC 25 5. 20 10 40 10 10 20 65 15 6.67 21.67 30 100 20 25 40 145 4 29 50 25 20…
A:
Q: ej Maximize f=g00sc t1200 Y-33CY -1-5x²-3Y? The totet cost functon C=29=+ 2000 -409-0493, find the…
A: f) C=2q2+2000-40q-0.1q3AC=2q2+2000-40q-0.1q3qAC=2q+2000q-40-0.1q2∂(AC)∂q=2+2000(-q-2)-0.2q…
Q: MC MB 25 50 75 100 Trucks (per day) i. What is the marginal benefit and marginal cost of producing…
A: An optimal level of production occurs at MB = MC. MB decrease as output increases MC increases as…
Q: Cost LRAC 40 30 20 10 100 200 400 800 Output a. What is the cost per unit when the firm produces: i.…
A: The cost of production is the cost incurred in the process of production in the economy by a firm.…
Q: and unit oor cost is 3 o. the a erhead fixed costs are $ 500,000 and the promotion and advertising…
A: Contribution margin, or dollar commitment per unit, is the selling cost per unit less the variable…
Q: The average cost is $13 and the output pro- duced is 10 units Calculate total cost
A: The information being given is:- Average cost = $13 Output = 10 units Total cost = ?
Q: The "A" student did a quarterly cost breakdown analysis for Delicious Deserts. A month-to- month…
A: PLEASE BE NOTED AS PER THE GUIDELINES I HAVE DONE THE FIRST THREE SUB-PARTS. PLEASE POST ANOTHER…
Q: Output, Variable input and Costs (per day). Таcos Labor VC TC MC AVC АТС 50 1 120 420 0.00 105 165…
A: The calculations are done using: VC=120×labor unitsTCn=VCn+fixed costMCn=TCn-TCn-1AVC=TVCQATC=TCQ
Q: A The fixed costs at Mahi consulting company are $120,000 annually. The annual revenue is $3,000 per…
A: The meaning of annual revenue is the money your business receives during the course of a year. Here,…
Q: pose Leisureville pro ibilities frontier: evisions Couches 1,000 900 750 550
A: The Opportunity Cost(OC)shows the possible benefits an individual, firm, or investor misses out on…
Q: 4. Given the diagram below, answer the following questions: MC MC ATC AVC $40 s $35 $25 $25…
A: GIVEN (d) What does the diagram on the left represent Is (a) What type of industry is…
Q: hey can i get some help with this homework question
A:
Q: 1.Quantity 2. Pnce 3. TR 4. Cost per unit 5 TC
A: The profit of a firm equals the total cost, which is the total cost incurred by the firm, subtracted…
Q: laci its goo nd its cost function are: vhere Q = Q + Q2. be senarotion het veen the two marke
A: *Answer: Given Market demand: Market 1: Q1 = 55 – P1 ....... (1)Market 2: Q2 = 70…
Q: Machine X Machine Y Initial cost $120,000 $96,000 Benefitsarear c20 000 fou th
A:
Q: Mc Donald's sells 1500 burgers per year. The cost to place an order for raw materials is RO 40. The…
A: The economic order quantity is considered as the major analysis and tool for which the economy can…
Q: Use the values in the table below to answer the following questions. TC ATC MC 2 28.44 14.22 (A)-…
A: MC is the ratio of change in TC and change in Q TCn = TCn-1 + MCn TC at 41 units = 46750 + 3560=…
Q: Classifieds NURSES NO EXPERIENCE REQUIRED St. Bart's Hospital seek RN and LVN, with minimum two…
A: Eqm wage rate is determined by the intersection of dd(demand for labor) and ss(supply) of labor.…
Q: What is the MC of the 2nd unit? Select an answer and submit. For keyboard navigation, use the…
A: Output FC VC TC MC AFC AVC ATC 1 180 12 192 12 180 12 192 2 180 20 200 8 90 10 100 3 180 27…
Q: II. Find The Minimum Cost and graph : 1. C = x2 - 16x + 74 2. C = x2 - 40x + 405 Thank you.
A: Given cost functions C=x2-16x+74 ......... (1) and C=x2-40x+405 .......... (2)…
Q: DA firm sells per month The priceof the item s E100, corryin9 757. per anhum anod it Costs to…
A: Economic order quantity (EOQ), alludes to the ideal measure of a thing that ought to be…
Q: ). Gridiron University is a private university. A accessful alumnus has recently donated $1,000,000…
A: A donations refers to gifts of money or property given by a corporation or private entity to some…
Q: Farmer McDonald gives banjo lessons for $20 perhour. One day, he spends 10 hours planting $100worth…
A: Accounting cost or explicit cost refers to the monetary value of inputs or resources utilized in the…
Q: 2. Which one of the following is average total cost (ATC) if the output is 100 units and total cost…
A: Average cost or unit cost is equal to total cost divided by the number of units of a good produced…
Q: Prevamng lotal cost and output is given in the following: Output = 0, 10, 20, 30, 40, 50, 60, 65,…
A: “Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…
Q: Machine A Machine B First cost, $ 29,000 37,000 Annual operating cost, $ Annual maintenance cost, $…
A: Equivalent annual cost (EAC) is a cost metric that can be used for a variety of things, including…
Q: 2-8b What are the characteristics of a long butterfly spread: b. cost unction
A: Butterfly spreads are options strategies that combine bull and bear spreads with a defined risk and…
7) What is total fixed cost at the profit-maximizing quantity?
Step by step
Solved in 2 steps
- pleassssee help me thank youYou have data on Meena's quantity demanded for craft beer and theirincome. According to this data when Meena's income falls by 7% theassociated change in their quantity demanded for beer is 11%. You don'tknow if it is an increase or decrease in quantity demanded. From pastresearch you know that craft beer is a normal good for Meena. Use thisinformation to calculate Meena's income elasticity of demand.You have an 8:30 class this morning but you are feeling extremely tired. How do you decide whether toget some extra sleep or go to class?
- Focus on the maxims of Quantity, Relation, and Manner. Which maxim(s) is/are flouted whensomeone retweets, and how does flouting the maxim(s) cause viewers to assume an impliedmeaning that a retweet signals agreement with the message in the retweet?What do you mean by the inverse relationship between the quantity demanded for acommodity and its price. How would you explain, that a fall in the price of Matchboxdoes not make a consumer buy more of it? Please answer it in 30 min if possibleYour gym offers two classes at the same time:weightlifting and yoga. Both classes are includedin your membership and have space available.Your friend tells you he wants to work on hisstrength and take the weightlifting class, but youalways see him in yoga class. Which class giveshim more utility? How do you know this?
- qty per week Marginal Utility of songs Marginal Utility of Cookies 1 15 25 13 20 3 12 16 4 11 13 10 11 6. 9 10 7 8. 7 8. 6. 7 10 Above is the utility of Sara for song and cookie consumption. If the price of a song is $2 and the price of a cookie is $1, how many cookies and songs will sara consumer? Why?What is the trend of the total utilityDrinking five glasses of water consecutively declinesyour utility, why?
- The new (price, quantity) pair will be at point:? ABCDEFG H1s it pessible fes matginal utility tolal to be negative and uwility to be possitive) why orwhy nah 8. noTU TU of MU Qfood food MU food MU/p Drink drinks drinks MU/p 0 0 1 30 2 55 3 75 956 90 100 012345 0 30 57 7 105 106 67 78 93 102 108 111 The marginal utility for consuming the 3rd unit of food is utility for consuming the 5th unit of drinks is ? and the margina 20; 9 75; 102 15;8 There is not enough information to tell O What am I doing in this class? Why don t I know the answer to these? (This is an incorrect answer)
