hat is the total cost and marginal cost when fixed cost is 25, average cost is 57, total revenue is 200, average revenue is 40, and marginal revenue is 40

Which type of cost does depend on a firm's output? 1.marginal cost 2.total cost 3.variable cost 4.all of the above

16. The total cost to make q quilts is C(q) = 73 +1.2q +0.05q2. a. What is a function for the marginal cost? b. Find a quantity that minimizes the average cost.

What is the difference between marginal product and marginal cost?

Which of the following is the best example of a transactions cost? the price of labor and materials used to produce a house the value of the time spent negotiating a contract O the cost associated with producing a golf club the price of food the price of a new set of tires

Fill in the blanks in the table below. The problem is a "puzzle" so the blanks are not necessarily filled in sequentially. (Hint: Determine the total fixed cost first.) Instructions: Enter your answers rounded to two decimal places. Total Average Fixed Cost Average Total Cost Marginal Cost Output Variable Total Cost Cost 1 $10.00 $9.76 $9.76 $19.76 2 $19.06 $14.53 $9.30 $29.06 3 $3.33 $12.63 $37.90 4 $2.50 $36.31 $11.58 $8.41 $46.31 $2.00 $44.30 $10.86 LO

Calculate the marginal cost when the total cost rises from 30 to 75 and the quantity changes from 1 to 2