The time to assemble the first unit on a production line is 6 hours The learning rate s 086. Approximately how long will it take for the seventh unit to be assembled? The number of hours needed for the seventh unit to be assembled is hours. (Round to one decimal place)

Q: Every year, Danielle Santos sells 53,856 cases of her Delicious Cookie Mix. It costs her $1 per year…

A: N = 53,856 F = 748 C1 = 1 C2 = 4

Q: Wooden Chair Factory Output Number Number (chairs Marginal of of produced Product of Cost of Cost of…

A: Given: The wooden chair factory costs = $12 per hour The cost of a machine is = $20 per day The…

Q: If Mark produces five pairs of earrings, his total costs are   a. $370.  b. $360.  c. $320.  d.…

A: Answer- Need to find- If Mark produces five pairs of earrings, his total costs are Given in the…

Q: A fast food restaurant can produce a hamburger for $1.15. If the restaurant's daily sales are…

A: Given that, The increasing rate of Hamburgers = 30/day Cost of one Hamburgers = $1.15 The daily cost…

Q: the cost of an imported high-speed assembly-line robot is $80,000 and the in-country cost for one…

A: The cost estimating relations uses to predicting the cost with the help of design variables. The…

Q: The total cost (in dollars) of manufacturing x auto body frames is C(x)= 70,000 + 800x. (A) Find the…

A: Answer to the question is as follows:

Q: A firm’s LRTC = 600Q - .5Q2 + .001Q3.  At what level of output does the firm experience minimum…

A:

Q: Timothy quits his job which pays $84000 a year, to enrol in a 2-year graduate programme. His annual…

A: Note:  We’ll answer the first question since the exact one wasn’t specified. Please submit a new…

Q: How much steel should be sent to Detroit? Enter as a value.  ROUND TO THE NEAREST WHOLE NUMBER.

A: The two plants have different production functions. The total amount of steel available to the…

Q: The Return of Detroit City: Enpar manufactures engine parts for Ford using steel as an input.  Enpar…

A: Given: QD= 12SD – 0.25 SD2 QG= 59SG – 0.5 SG2

Q: TC = 134 + 20Q + 4Q2 What is the average fixed cost when 11 units are produced? Enter as a value.…

A: TC=134+20Q+40Q2AFC=134+20Q+40Q2QNow,AFC11=134+20(11)+40(11)211         =5,19411         =472.18

Q: P=1,000-0.0025Q where Q is the number of wine decanters produced monthly. Bavarian Crystal Works…

A: P = 1,000 - 0.0025Q There is a lease payment of $1,000,000 which is a fixed cost as lease and rent…

Q: The cost C (in dollars) of manufacturing x number of high-quality computer laser printers is…

A: Increasing cost can be calculated as follows.

Q: Suppose that the total cost of manufacturing r units of a certain commodity is C(x) = 2r + 6.r + 12.…

A: Note: We will answer the first one as the exact one was not specified. Please submit a new question…

Q: A firm manufacture robots, for which $10000 machinary is used. The additional per unit cost is $100.…

A: Given fixed cost = $10000 Variable costs = $100 Number of units = 5

Q: Suppose the relationship between your study time and your grade on a History midterm is given by the…

A: Marginal analysis is an assessment of the additional advantages of an operation relative to the…

Q: The total cost (in dollars) of manufacturing x auto body frames is C(x) = 40,000 + 300x. (A) Find…

A: The total cost incurred by a firm operating in a market includes fixed costs and variable costs.…

Q: The output (Q) of a production process is a function of two inputs (L and K) and K is given by the…

A: Answer: Given, Production function: Q=0.50LK-0.10L2-0.05K2 Per unit price of L PL=$20Per unit price…

Q: The cost of producing 5-gallon water bottles is given by C(q) = 0.005q2 + 2q + 1000. If 2000…

A: Total costs, C(q) = 0.005q2 + 2q + 1000. Quantity = 2000 units

Q: Match the appropriate interpretation of the selected values computed from the table. The average…

A: The average product of labor is the total product per labor. Average product of labor = (total…

Q: The time to assemble the first unit on a production line is 13 hours. The learning rate is 0.81.…

A: We use the following formula to get the number of hours needed for the eighth unit to be assembled.…

Q: A firm’s LRTC = 600Q - .5Q2 + .001Q3.  At what level of output does the firm experience minimum…

A: LRTC = 600Q - .5Q2 + .001Q3.

Q: Total Fixed Total Variable Average Fixed Average Output Cost Cost Total Cost Cost Variable Cost…

A: * SOLUTION :-  * The marginal cost of 4th unit of good is = $ 12.5

Q: With the table started as indicated below, calculate the cell indicated as an Qx stands for quantity…

A: Given; Price of variable input= $3000/unitPrice of output= $150/unitTFC= $7500

Q: In 2022, a company estimates that $500,000 will be spent to produce a new product. If the company…

A: Cost of producing single unit = $4 Estimated cost for new product h $500,000 Expected sale =…

Q: Please examine the table below. What is the Average Total Cost (ATC) of the fourth unit? Total…

A: Total cost is the cost faced by the producer for producing the goods and services and the Average…

Q: Considering the Production Function →Y= 95 - 2X,2 + 3X1 + 5X,X2 - 6X22 + 18X2 Find the values of X,…

A: Given information, Production Function: Y=95-2X12+3X1+5X1X2-6X22+18X2 where Y is the output and X1…

Q: In manufacturing a kerosene stove, it is necessary to make two half-inch holes in No. 22 gage metal.…

A: We have, Situation 1 (With the jig) Cost of jig = P 40.00 Speed of jig = 1 hole/minute Fees of…

Q: image attached

A: Given:   Total cost of production ($) Volume of production (units) Greater output $18,300 1,100…

Q: Which one of the following types of short-run costs declines over the whole range of output? a.…

A: There are different types of cost associated with economic activities specially production…

Q: 1a) Suppose a firm’s TC = 50Q.75. What is Marginal Cost for the 100th unit of production? Use a…

A: Note:- Since we can only answer one question at a time, we'll answer the first one. Please repost…

Q: The cost of making a packet of the food in the year 2015 is RM20. Calculate the corresponding cost…

A: Given information 4 Raw material for food preparation Prices in year 2015 and in year 2017 Price…

Q: Jason owns a lamp store. His total costs are $145,000 per year, and his fixed cost are $19,200. His…

A: fixed costs, also known as indirect costs or overhead costs, are business expenses that are not…

Q: Engle sells Lebanese sandwiches. The cost of ingredients (bread, meat, spices, etc.) to make a…

A: ANS Fixed Cost (FC) is that part of the Total Cost (TC) which does not change with the change in the…

Q: have the production function Y = F(K, L) = KV³L2/3. %3D

A:

Q: Solve the following (i) |10–3x|517

A: Hi! Thank you for the question as per the honour code, we’ll answer the first question since the…

Q: Between 2004 and 2005, the cost of a typical consumer’s market basket in Singsville increased from…

A: Index number shows the change in a variable over time. It can be calculated as follows: Here, I01 =…

Q: product costs $24002400 to develop (i.e. the start up costs) and $3535 to manufacture each product.…

A: *Answer:

Q: he time to assemble the first unit on a production line is 11 hours. The learning rate is 0.86.…

A: Given: First Unit (T₁) = 11 We need to find T5 (fifth unit). Formula for the learning curve would be…

Q: Ashley Furniture hires you as consultants to help them sell their new coffee table. Through a…

A: P Q 220 110 160 130 Equipment Cost = 3000 Each individual table Cost = 90

Q: Worldwide annual sales of a device in 2012–2013 were approximately  q = −6p + 3,040  million units…

A: q = −6p + 3,040 manufacturing cost of $40

Q: Q4 (i) A business manager determines that t months after production begins on a new product, the…

A: We are authorized to answer one question at a time since you have not mentioned which question you…

Q: List some practical limits to economies of scale; that is, when should a plant stop growing?

A: Economy of scale is the improvement that a company acquires from the size or scale of manufacturing.

Q: A small business sells T-shirts during the Lasallian Week Festival. It is estimated that the…

A: production cost is the monetary value incurred on Factor of production during process of production…

Q: A rainfed wheat farmer has available Rs.200. What will be the slope of iso-outlay line when, price…

A: A firm minimizes its cost of producing a given level of output by producing at a point where the…

Q: TC = 116 +27Q+4Q² What is the average fixed cost when 5 units are produced? Enter as a value, ROUND…

A: Answer: Given, Total cost function: TC=116+27Q+4Q2 Fixed cost: fixed cost remains fixed in the short…

Q: Sara requires 37 minutes to produce her first unit of output. If her learning curve rate is 65%, how…

A: Time required to produce first unit = 37 minutes Learning curve = 65% Output rate = 13 units per…

Q: If the short run is 18 months does it follow that the long run is longer than 18 months?

A: In economics, the short-run is a time period during which the various production inputs (wages,…