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Q4)
A. Complete the following table accurately
B. Draw the TFC, AFC and
|
Q |
TVC |
TFC |
TC |
MC |
|
AFC |
AVC |
|
0 |
0 |
100 |
|
|
|
|
|
|
1 |
20 |
|
|
|
|
|
|
|
2 |
38 |
|
|
|
|
|
|
|
3 |
51 |
|
|
|
|
|
|
|
4 |
62 |
|
|
|
|
|
|
|
5 |
75 |
|
|
|
|
|
|
|
6 |
90 |
|
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- Don't answer by pen paper and don't use chatgpt otherwise we will give dounvoteQ Demand Supply TR TFC TVC TC AVC AFC АС MR MC Profit 100 100 100 4 4 -100 10 90 10 40 100 40 140 4 10 14 4 -100 20 80 20 80 100 155 2.75 7.75 30 70 30 120 100 67 40 60 40 160 100 77 177 1.925 4.425 50 50 50 100 86 186 60 40 60 240 100 193 1.55 3.216667 70 30 70 100 113 213 80 20 80 320 100 143 1.7875 1.25 3.0375 90 10 90 360 100 283 10 77 100 100 400 100 283 2.83 3.83 4 3.83 17 The price of the commodity is P4/unit. Complete the table above 1. Graph the demand and supply 2. Graph the TR, TC and Profit 3. Graph the ATC and MC 4. Graph the ATC, MC ,MR, AVC & MC 5. Provide a brief on Graph. 4When output increase then difference be- tween TVC and TC
- Question 3 to the cost of producing the (x + 1)st item? a Can you think of a cost function, so that the marginal cost at any r is exactly equal If yes, describe as many such functions as possible. If not, show why such a function cannot exist. Type here to search 7:00 PM ENG 4/27/2021 Esc Lock F1 F2 F6 F3 F4 F5 F7 Home End Delete F8 F9 F10 F11 F12 Insert %23 $4 & * 7. 4 5 6 Backspace 80 W E R T Y U S D F G H J K L B N M Alt Alt PrtSc Ctrl PgUpNeed explanation how we got 11.564. (This problem assumes knowledge of the basic rulesof baseball.) George Lindsey (1959) looked at boxscores of more than 1000 baseball games and foundthe expected number of runs scored in an inning foreach on-base and out situation to be as listed in the fileP09_64.xlsx. For example, if a team has a man on firstbase with one out, it scores 0.5 run on average untilthe end of the inning. You can assume throughout thisproblem that the team batting wants to maximize theexpected number of runs scored in the inning.a. Use this data to explain why, in most cases,bunting with a man on first base and no outs isa bad decision. In what situation might buntingwith a man on first base and no outs be a gooddecision?b. Assume there is a man on first base with one out.What probability of stealing second makes an attempted steal a good idea?
- Mc Graw Hill apter 10 Problems 1 01:49:26 eBook Price ($) F OU 60 40 20 0 4 8 Output 12 MR 16 of $ Prev D₁ Saved 20 1 of 5 Instructions: Enter your answer rounded to 2 decimal places (i.e. dollars and cents). If there is an economic loss, be sure to include a negative sign (-) in front of your answer. This firm is incurring a (Click to select) ‒‒‒ Help Next > Save & Exit Submit Check my work 2Is it cost of production or utility that governs? What is Marshalls responce? What is the argumetn he makes and how can we see this today?The graph below shows the market for mandarin oranges in Odin for the month of November (in thousands of kilos). 1 6 5 X 4 3 2 450 750 10501200¹ 1350 300 600 900 Quantity per month Price 8 7 DS 0 150 Tools D₂ S2
- Football weights The Sears Cup was established in 1993to honor institutions that maintain a broad-based athleticprogram, achieving success in many sports, both men’sand women’s. Since its Division III inception in 1995, thecup has been won by Williams College in every yearexcept one. Their football team has a 85.3% winningrecord under their current coach. Why does the footballteam win so much? Is it because they’re heavier thantheir opponents? The table shows the average teamweights for selected years from 1973 to 1993.a) Fit a straight line to the relationship between Weightand Year.b) Does a straight line seem reasonable?c) Predict the average weight of the team for the year2003. Does this seem reasonable?d) What about the prediction for the year 2103? Explain.e) What about the prediction for the year 3003? Explain. Year Weight (lb) Year Weight (lb)1973 185.5 1983 192.01975 182.4 1987 196.91977 182.1 1989 202.91979 191.1 1991 206.01981 189.4 1993 198.7Compute the following Q P TR MR AR TC TR-TC 0 40 34 1 40 60 2 40 96 3 40 130 4 40 167 5 40 200 6 40 220 7 40 240 8 40 300 9 40 350 10 40 400Economics Question