Show working A firm's total short-run cost function is C(y) = 5y- 12y +110y +9.What is the average variable cost?Select one:O a. AVC = 15y-24y+ 110O b. None of the aboveOc AVC-5y2-12y+110yO d. AVC - 5y²-12y + 110Clear my choiceIf pMP, > w, and you want to increase profits, should you increase, decrease or maintain the level of factor 17Select one:O a. IncreaseO b. DecreaseO. Maintain

Since you have asked multiple questions, we have answered the first question for you. If you require…

A firm's total short-run cost function is C(1)) 5y-12y + 110y +9. %3D What is the average variable cost? Select one Oa AVC-15y-24y+110 Ob. None of the above O. AVC- 5y2- 12y + 110y O d. AVC 5y2- 12y + 110 Clear my choice If pMP,> w, and you want to increase profits, should you increase, decrease or maintain the level of factor 1? Select one: O a. Increase Ob. Decrease O. Maintain

A firm's total short-run cost function is C(1)) 5y-12y + 110y +9. %3D What is the average variable cost? Select one Oa AVC-15y-24y+110 Ob. None of the above O. AVC- 5y2- 12y + 110y O d. AVC 5y2- 12y + 110 Clear my choice If pMP,> w, and you want to increase profits, should you increase, decrease or maintain the level of factor 1? Select one: O a. Increase Ob. Decrease O. Maintain

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Similar questions

Which divisions of the business spent their money on products and services that were correctly budgeted for?
Identify an experience good. Identify a search good. How does the retailing of the experience good differ from the retailing of the search good? Do these differences help consumers?
Essential Skills are needed for Resume and cover letter creation. work, learning, and life. interviewing. education.
how does managerial economics help the manager in decision making and Forward planning?
Create a sale pitch for the Railroad in the 1800s. the presentation must be something that will hook the audience and convince them to invest in your product and why they should invest in your product. How mush will be your product.
Typed answer only
The marketing mix does NOT include which of the following?Choose one answer.a. Product b. Promotion c. Delivery of the product d. Social class
what are fundamental factors considered when making decisions to achieve various goals of a firm
When can a business owner be earning a profit but not covering costs?
Write what you know about optimum factor combination.
Please do not give solution in image format thanku
Megan used to work at the local pizzeria for $17,000 per year but quit in order to start her own deli. Last year, she paid $4,000 rent each month, $4,500 for employee payroll each month, and $1,500 for supplies each month. She was planning on selling $2,500 worth of furniture but ended up bringing the furniture to her new deli. She had total revenue of $150,000. She asked an accountant and an economist to calculate her annual costs. Accountant says cost is $120,000, and economist says her cost is $139,500. Accountant says cost is $139,500, and economist says her cost is $120,000. Accountant says cost is $10,000, and economist says her cost is $29,500. Accountant says cost is $30,000, and economist says her cost is $10,500.