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

Find output of total revenue is $6400 and the price per unit is 400

The value of average cost is $20 Calculate the value of total cost when the total units are 6 units

Calculate total cost if fixed cost is $100 and the variable cost is $210

Derive (Mathematically and graphically) the cost minimization condition.

Isoquant curves Gym requires exactly 3 bottles of water per athlete to maximise performance (athletes on horizontal)   What is the shape is the isoquant curve? Find slope of cuve at: (20,15) (5,25) (5,15)

Please see attached image for question. Please note that there is an overline above the "K" in the oven/captial equation (K = 1). It does not show clearly in the image.

What is the relationship between marginal cost (MC) curves and average cost (AC) curves? You may use a graph help you illustrate whenever necessary.

Calculate average fixed cost if total fixed cost is $700 and output is 15 units

It costs a baker a fixed cost of $420 and variable cost of $2.10 per cupcake.A cupcake is sold for $4.90 each.(iii) Write an algebraic expression representing the cost C as a function of the number of cupcakes x that are produced.