$90 S (MC) 70 Price Per Pair B 50 E 30 10 D (MB) 500 1,000 Pairs of Shoes 200

Q: Total fixed cost is $300 and total variable cost is $700 Calculate total cost

A: The given information is as follows:- Total fixed cost = $300 Total variable cost = $700 We have to…

Q: Calculate the value of total cost if average cost is $42 and total units is 5

A: In the above given question, we are given with the values of average cost and total units as:-…

Q: If the firm hires 5 employee, total fixed costs equals

A: Total fixed cost is the cost which is even exits when output is zero. So at zero output we have the…

Q: why is the fixed cost 10?

A: Fixed cost doesn't change with the change in the number of output.

Q: The slope of an isoquant is known as

A: Meaning of Production Function: The term production function refers to the situation under which a…

Q: If you were a taxi driver, the daily revenue and cost are as the following: Revenue: $250 Variable…

A: For the profit maximization process, so as to operate the business today, variable cost has to be…

Q: Define the term semi-variable costs?

A: The costs incurred by a producing agent in the procurement of factor inputs for the production of a…

Q: A cell phone plan has a basic charge of $35 a month. The plan includes 400 free minutes and charges…

A: Given: The charge of a cell phone is = $35 a month Plan includes = 400 free minutes Charges for each…

Q: Calculate variable cost if total cost is $200 and the fixed cost is $130

A: The information being given is:- Total cost = $200  Fixed cost = $130  Variable cost = ?

Q: Calculate total variable cost is average variable cost is $82 and the output is 16 units

A: TVC= AVC*Q

Q: If total cost is $100 and output is 13 units  Calculate the value of average cost

A: The given information is as follows:- Total cost of the firm = $100 Output = 13 units  We need to…

Q: Find total cost if fixed cost and variable cost are $300 and $100 respectively

A: The data presented in the question above is:- Fixed cost of firm = $300 Variable cost of firm = $100…

Q: Your boss is the director of reporting for the Athens County Construction  Agency (ACCA). It has…

A: An index number, also known as an index, is a statistical measure designed to track changes over…

Q: Calculate the value of total cost if fixed cost is $10 and variable cost is $22

A: The Given information is follows:- Fixed cost of firm = $10 Variable cost = $22 We have to find…

Q: Can we outsource an IT Function? Give at least (3) risks or disadvantages of outsourcing the IT…

A: Outsourcing means a company is hiring regular service from external sources, mostly from other…

Q: Total cost is $320 and the fixed cost is $100 Calculate variable cost

A: The data presented in the question about is:- Total cost = $320  Fixed cost = $100 Variable cost is…

Q: What will be the value of  average cost if Total cost is $405 and the output is 30 units

A: The data presented in the question above is:- Total cost = $405  Output = 30 units  We need to find…

Q: The fixed cost of a firm is $4000 and variable cost is $2000 what would be the total cost of the…

A: The total cost of a firm is all costs that a firm bears whether it is fixed cost or variable cost.…

Q: A bagel shop sells 400 bagels a day at a price of $2 per bagel. Market research shows that a…

A: Here the target for the firm is to maximize profits.  Since profits = total revenue - total costs…

Q: Calculate accounting profit if explicit cost is $300 and total revenue is $2000

A: The data presented in the question above is:- Total revenue = $2000 Explicit cost = $300 Accounting…

Q: Calculate total cost when average cost is $36 and the output is 99 units.

A: We are Given that:- Average cost of the firm = $36 Total output = 99 units. We need to calculate the…

Q: Calculate average cost when total cost is $100,000 and output is 74 units

A: We are given that:- Total cost incurred by the firm = $100,000  Total output = 74 units

Q: Find the average fixed cost when the total fixed cost is 156 and the number of quantity is 12 units?

A:

Q: A Company produces 100 pendants per day. The total fixed cost for the plant is $5000 and the total…

A: The estimated average total cost (ATC) is equal to the total fixed and variable costs divided by the…

Q: Melvin manufactures a single product. Total cost per unit is $70 when production is 100 units per…

A: Total cost per unit if production is 100 units per week = $70 Total cost of 100 units per week =…

Q: If fixed cost is half the value of variable cost and variable cost is $2200 Find total cost

A: The data presented in the question is as follows:- Variable cost = $2200 Fixed cost is half of…

Q: What will be the value of profit if total revenue is $980 and total cost is $461 ??

A: Profit is exactly known to be as the amount of the revenue which is left after all the costs which…

Q: Find accounting profit if total revenue is $3300 and the explicit cost is $1300

A: The data presented in the question above is:- Total revenue = $3300 Explicit cost = $1300 Accounting…

Q: Identify a fixed cost

A: A fixed cost is referred to as the cost which would not change due to an increase or decrease in the…

Q: If total cost is $600 and output is 10 units Calculate average cost

A: According to the above mentioned question, we have:- Total cost= $600 Output = 10 units  Average…

Q: If in an economy the fixed cost is $212 and the variable cost or $644 what are the total cost?

A:

Q: Calculate the total cost if average total cost is $35 and the unit of output is 22 units

A: The Given information is as follows:- Average total cost of the firm = $35 Units of output = 22…

Q: are rela Find the monthly

A: Given the cost and revenue relationship is: C=R2450000+12000  .....................(1) We have to…

Q: Find total revenue if profit and total cost are $300 and $800 respectively

A: The information being given is:- Total cost = $800 Profits = $300 We need to calculate the value of…

Q: FC VC TC MC AFC AVC ATC 160 65 3 10 20 4 55

A: We know, AFC (average fixed cost) = TFC/Q where TFC = Total fixed cost Q = output

Q: Find total cost if average cost is $31 and the output is 60 units

A: The data presented in the question above is:- Total cost is to be calculated using information given…

Q: The 55,000 profit seems to be inaccruate

A: Cost refers to the value of money that a firm had to spend to manufacture its products or services.…

Q: Calculate the value of total cost if variable cost is $320 and fixed cost is $110

A: The given information is as follows:- Total variable cost = $320 Fixed cost = $110 We have to…

Q: The total cost to produce hundred motors bikes is $1000. Calculate the average cost of producing the…

A: Given information: Total number of motorbikes = 100  Total cost of production = $1000

Q: Find average cost if output produced is 24 units and the total cost is $8700

A: The data presented in the question above is:- Output produced by firm = 24 units  Total cost = $8700…

Q: The value of total fixed cost is $55, total cost is $420 Calculate the total variable cost

A: The given information is :- Total fixed cost = TFC = $55 This always remains same.  Total cost of…

Q: If total cost is $370 Find the value of total fixed cost if total variable cost is $210

A: According to the above given question, the values given are:- Total cost = $370 Total fixed cost = ?…