Q: at least one example which explains monte carlo simulation technique for cost estimation
A: Monte Carlo Simulation is a numerical strategy, which is utilized to appraise the potential results…
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Q: Alpha Associates has the following details: Fixed cost = $20,00,000 Variable cost per unit = $ 100…
A: Following are the given values: FC = $2000000VC = $100Price = $200Quantity = 60000
Q: An average variable cost function is estimated as AVC = 96-2Q + 0.05Q2. Which of the following cost…
A: When average variable cost is given, total variable cost can be computed by multiplying AVC and…
Q: When the production volume (Q)is(100)units the total costs (TC)is (1500)omani RIyals and fixed costs…
A: The variable cost can be calculated as follows:
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A: Cost of high-quality 250- horse power compressor = $14,000
Q: When the MC curve is above the AVC curve, the AC curve must be decreasing.
A: Total cost is defined as the total expenses that a company or firm has to incur in order to produce…
Q: An average variable cost function is estimated as AVC = 96-2Q + 0.05Q2. Which of the following cost…
A: Here, average variable cost function is given as: AVC=96-2Q+0.05Q2 This function can be used to…
Q: Calculate the price per unit if it is given that Total revenue is $840 and the total output is 32…
A: According to the above-mentioned question, we are given that:- Total revenue = $840 Output = 32…
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A: Average total cost is the total of all production costs divided by the amount of output produced. It…
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A:
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A: Here, the time taken (in seconds) for one hole is given, so by using unitary method we can find the…
Q: The total revenue function for a product is given by R=655x dollars, and the total cost function…
A: Revenue is the money generated from normal business operations, calculated as the average sales…
Q: With the aid of a graphical illustration (with complete labels, preferrably virtual), describe the…
A: Total Fixed Cost (TFC) are the costs that are fixed regardless of production, such as factory…
Q: ATC4 LRATO ATC ATC OUTPUT COST PER UNIT
A: Average total cost is the total cost incurred for a single unit of output out of the total output.…
Q: A recliner corporation wants to determine how many recliners it must sell in order to earn a profit…
A: Let sales be X Required sales = fixed cost + variable cost X + Profit = Price x
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A: Profit = Total Revenue - Total Cost Total Revenue = Price *Quantity Total Cost = Fixed Cost +…
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A: The cost of the robot (CR) is $80,000. The cost of new robot (CNR) is $120,000. The new robot’s…
Q: The difference between ATC and AVC decreases with decrease in level of output.
A: Average total cost (ATC) is the ratio of the total cost (TC) and the quantity (Q). ATC=TCQ Average…
Q: i need help
A: Since we only answer 1 question out of two, we’ll answer the first. Please resubmit the question and…
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Q: Find total revenue if price per unit is $300 and the output is 19 units
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A: TR=p*qTR=p*x (quantity is expressed in terms of x)TR=xpNow,TC=FC+VCTC=55+(0.70x) .....…
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Q: When all the unit cost curves are below the MC curve, the AVC and AC curves are declining.
A: Ans. in step 2
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Q: The average cost function is:- 21Q - 33 Calculate the total cost function
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A: Variable cost is the cost that changes with the change of production level of the company.
Q: An average variable cost function is estimated as AVC = 96-2Q + 0.05Q2. Which of the following cost…
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Q: Costs 0 MC D ATC
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- ECON 2100 OL HW14 Compatibility Mode v Home Insert Draw Design Layout References Mailings Review View Share O Comments Times New... 12 v A^ A° Аa v AaBbCcDdEe AaBbCcDdEe AaBbCcDc AaBbCcDdE AaBbCcDc AaBbCcDdEe AaBbCcDdEe > No Spacing Styles Pane Paste v ab x, x' A Title Subtitle Subtle Emph... Sensitivity В I U Normal Heading 1 Heading 2 * Office Update To keep up-to-date with security updates, fixes, and improvements, choose Check for Updates. Check for Updates 2. The table shows levels of employment (Labor), the marginal product at each of those levels, and a monopoly's marginal revenue. Labor Marginal Product of Labor Price of the Product 1 10 $10 8 $7 3 7 $5 $4 3 $2 1 $1 a. What is the monopoly's marginal revenue product at each level of employment? b. If the monopoly operates in a perfectly competitive labor market where the going market wage is $20, what is the firm's profit maximizing level of employment? Page 1 of 2 653 words English (United States) Focus + 268% 4-Aegignment lalhat as Cost Of productio1 n00tu ta celd Of afable suow the folleo- ing kind OR cost A fixed Cost varia ble cost CAccerage to fell cost d Total coRt Acerage KAverage fixed cort gmarginal cost J00thatte ald Of your Olon Illestrahon dufferentiate between accocent pornt OF Niew and the elonomist pent ofview 4 Dustinguuh between opportuncty Cort aud money Cost e carable CO8T ittu 12021 BEST QUAL CISE BOOKPlease see the attached12
- TeEpress Smartwork O Homework Smatwors Calege of hiness Onine b My Questions bartely ncia wwnorton.com/132454 Paused !!! Apps P Pandora ntenet Ra O Thesis Creator g Bockshelf Online L M McGra H- Login 9OF 12 QUESTIONS COMPLETED * SUBMIT ANSWER 751 AM P Type here to search41- A colleague at work takes small amounts of IT supplies such as flash drive for her own personal use, saying that this is a tiny loss to the company. You tell her that if everyone were to take office supplies, then the loss would no longer be minimal . Your rationale expresses which of the following ethical issues: O a Property issues O bPrivacy issues Oc Accuracy issues O d Accessibility issuesDesign a process chart for printing a short documenton a laser printer at an office. Unknown to you, the printerin the hallway is out of paper. The paper is located in a supplyroom at the other end of the hall. You wish to make five stapledcopies of the document once it is prin ted. The copier, located nextto the printer, has a sorter but no stapler. How could you makethe task more efficient with the existing equipment?
- O ECON 2100 OL HW12 - Compatibility Mode Saved to my Mac Home Insert Draw Design Layout References Mailings Review View Share O Comments v A^ A^ Аa v E v E v E v Times New... 12 AaBbCcDdEe AaBbCcDdEe AaBbCcDc AaBbCcDdE AaBbCcDc AaBbCcDdEe AaBbCcDdEe > A A E = = = Subtle Emph... Styles Pane Sensitivity Paste В U v ab X, Normal No Spacing Heading 1 Heading 2 Title Subtitle Econ 2100 HW 12 Chapter 12 1. Use the data in the table to answer the following questions: Marginal Private Quantity Benefit (demand) ($) Cost (supply) ($) Marginal Social Cost ($) Marginal Private $ 0 $ 0 1 $10 2 4 2 9. 3 5 3 8. 4 6. 4 7 5 7 5 6. 6. 8. 6. 5 7 9. 7 4 8. 10 8. 3 9. 11 2 10 12 10 1 11 13 a. What is the external cost per unit of production? b. What level is produced if there is no correction of the externality? c. What level should be produced to achieve economic efficiency? d. If a per unit sales tax is introduced, what should the dollar value of the tax be to move the market outcome to the socially…2Help plzHow Does the Cost of Health Insurance Premiums Vary By Aqe? NGPF Next Gen Pe sonal Finance Data Crunch Insurance Monthly Health Insurance Premium - Silver Tier Plan Average Cost of a Silver Policy by Age $1,200 $1,123 $1.050 $1,016 $900 $835 $750 $668 $600 $540 $457 $478 $450 $425 $374 $376 $300 $150 $0 21 25 30 35 40 45 50 55 60 64 Age ValuePenguin Monthly Premium 1. What is the ANNUAL premium for an individual who is 21 years old? 2. Between what two ages does the largest percentage change in premium occur? рок 1 DOK 1 3. How would you summarize the data in this chart in one sentence? DOK 2 4. If this same data were reported for car insurance, instead of health insurance, would the graph look similar? Why or why not? 5. If this graph were to continue outward, for individuals over 64, describe what you think the bars that follow would look like. www.ngpf.org Last updated: 7/8/20 Monthly Premium