If accounting profit is $400,000 greater than economic profit, what do implicit cost equal?

Assume quantities need not be integers. Marginal cost is MC(q) = 6 + (9/10) * q. Total cost is TC = 456 at q=5.  What is the fixed cost of production?

What is direct cost? What is indirect cost? Provide detailed definitions and  example for both

Costs (Q) = 4Q^2 + 144 What is average total cost? What is marginal cost?

What is the difference between economic profit and accounting profit? What is a normal rate of return and how does normal, less than normal, greater than normal inform resource allocation?

Nokia sells a new budget cell phone. Based on information provided by the accounting department, the average variable cost is: AVC = $30 + Q %3D The average fixed cost is: AFC = $9,000,000/Q where Q is the number of phones. The phone sells for $50. Show your work/thought process: a. Find the total cost, average cost, and marginal cost equations. b. At what level of output is average total cost minimized?

With appropriate examples explain how marginal cost is related only to total variable cost.