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

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: why is the fixed cost 10?

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

Q: According to Ghemawat, globalization is a future social condition True or false

A: Globalization is described as the spread of technology, products, jobs, and information across…

Q: Calculate average cost when total cost is 300 and quantity is 15

A: # The average of the total cost which we spend on a single good is given by the average cost.…

Q: Calculate the value of variable cost for the when the fixed cost is $22 and the total cost is given…

A: We know that the total cost of the firm is given as :- Total fixed cost which remains same…

Q: The value of fixed cost is $77 and the value of variable cost is $0 Calculate total cost

A: The given information is as follows:- Total fixed cost = $77 Total variable cost = $0 Note- As the…

Q: Assume that the market supply curve for potatoes is Qs1 = 12 + 0.5P, and that there are two…

A: In any region or state the equilibrium is said to occur when demand is equal to its supply.  Storage…

Q: Calculate the value of average cost when the value of total cost is $100 and the no of units are 10

A: The average cost (AC) refers to the total cost per unit of output produced. The formula for AC is as…

Q: The average cost is $13 and the output produced is 10 units Calculate total cost

A: The average  cost is the cost per unit of output. Total  cost is the total expenditure that keeps on…

Q: Economic cost and accountant cost are not equal. Why aren’t they equal? Explain with example

A: Maintaining a business demands that you keep a heartbeat on the monetary components that influence…

Q: Find total fixed cost if total cost is $2000 and the total variable cost is $1500

A: The given information is as follows:- Total cost = $2000 Total variable cost = $1500 The formula for…

Q: An implicit cost is another name for a(n):     Explicit cost     Production cost     Economic…

A: Option D Implicit cost is a cost to a business that occurs due to the cost of resources that were…

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

A: Fixed cost of production  = $10000 Variable costs  of production = $100 Number of units produced = 5

Q: Find average cost if average variable cost is $23 and average fixed cost is $12

A: The cost of creating a firm's output is determined by the amount of labour and capital it employs.…

Q: Find average cost if average variable cost is $22 and average fixed cost is $20

A: The data presented in the question above is:- Average variable cost = $22 Average fixed cost = $20…

Q: If average fixed cost is $30  Calculate total fixed cost if output is 30 units

A: According to the above question, the values given are:- Average fixed cost = $30 Output = 30 units…

Q: What is the relationship between average variable cost and total variable cost? a) They are always…

A: To understand the connection between average variable cost (AVC) and total variable cost (TVC), it's…

Q: If marginal cost exceeds average variable cost, average variable cost is decreasing average variable…

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…

Q: If average cost is $30 and the output is 15 units. Calculate total cost

A: (Q)If the average cost is $30 and the output is 15 units. Calculate total cost

Q: A hotel that produces 100 pizzas has a variable cost of OMR 50 and a fixed cost of OMR 200.…

A: The firm's costs and revenues are the important components that help the firm set its target and…

Q: Find the total cost if the fixed cost are 1300 and the variable cost are 1200

A: The monetary worth of goods and services purchased by producers and consumers is referred to as cost…

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 total cost if the total variable cost is 16 units and the total fixed cost is 18 units!!!!!

A:

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

A:

Q: Minimum average costs occur when: Select an answer and submit. For keyboard navigation, use the…

A: When firms operate in a market, they incur fixed costs and variable costs. Fixed costs do not depend…

Q: Cost, revenue, and profit are in dollars and x is the number of units. If the daily marginal cost…

A: Given, Marginal cost (MC) = 4x+150 Fixed cost (FC) = $600 Here MC = dCdX

Q: What is total fixed cost when output is 2, fixed cost is 25, and average cost is 30

A: Fixed cost are such cost that do not vary with the level of output i.e it remains constant at every…

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: Find fixed cost if output is 20 units and AFC is $21

A: Given information, Total output= 20 units Average fixed cost (AFC)= $21 To find: fixed cost

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: The Jones Company has the following cost schedule:   Output Total Cost (Units) (OMR)     0…

A: Table Output(1) TC(2) MC(3) FC(4) AFC(5) VC(6) ATC(7) AVC(8) 0 3000 -…

Q: Total cost is 1200.output is 20.fixed cost is 1000.what is variable cost?

A: The concept of total cost is used in practically all business units. The main advantage of using the…

Q: Find total cost given that:- Fixed cost = $90 Variable cost = $45

A: The data presented in the question above is:- Fixed cost = $90 Variable cost = $45   Total cost is…

Q: If the FC is $661 and the variable cost is $450 find the total cost.

A: Total cost means the sum of all the costs that take place for producing a particular amount of…

Q: (a) Find the total cost if the marginal cost is MC = Q + 5 and fi xed costs are 20. (b) Find the…

A: Costs have significance in economics due to the way they influence private, professional, and…

Q: When Ajax Co. produced 3 units of output per week, its total fixed cost was $100 and total variable…

A: Total cost (TC) is the overall expense incurred by the firm in producing its goods or services. It…

Q: If the average variable cost is $2.00 and the average total cost is $8.00 and the marginal cost is…

A: Answer: Note: I am considering that average variable cost, not average available cost as you have…

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 = ?…

Q: Calculate the value of average fixed cost of total fixed cost is $750 and the no of units employed…

A: The information given to us are:- Total fixed cost of the firm = $750 Number of units employed = 18…