Question 19 What is the marginal cost of the fourth unit? Q 1 FC VC 50 50 2 3 4 50 588 60 ○ 70 ○ 80 O O O TC MC AFC AVC ATC 60 120 60 500

Q: Unendo, is a large computer game manufacturer. They have estimated that the demand function for…

A: The game destiny is produced by single firm Unedo, therefore, they will act as a monopoly.  Profit…

Q: Variable Output -42 1 2 3 TVC TC AFC 400 700 O $200 O $250 1000 4 Use the above table and assume…

A: We have given the cost schedule in which fixed cost is $1000

Q: Question 19 What is the marginal cost of the fourth unit? Q 1 FC VC 50 50 2 3 4 50 588 60 ○ 70 ○ 80…

A: 1. **Identify the relevant information**: We're given a table showing various costs at different…

Q: For a bus with a capacity of 30 seats, the full fare is $450 and the discounted fare is $150. On…

A: * SOLUTION :-

Q: VT Company's breakeven point is 4,000 units. It's product sells for $20 per unit and has a variable…

A: Total cost is a sum of fixed cost and variable cost. Fixed cost does not depend on quantity and…

Q: The table below reports production and cost data for a local bakery. Workers 1 2 3 4 5 6 7 8 9 10…

A: Competitive firm is one kind of firm which competes with another firm but with identical goods and…

Q: A machine shop has three options for a new milling machine. Machine Orpheus has a fixed cost of…

A: Fixed costs are costs that do not change with the level of output or production. They are incurred…

Q: a. What is the current total annual cost (TC))K b. What is the economic order quantity (EOQ)?4 c.…

A: Economic order quantity (EOQ) is a calculation companies perform that represents their ideal order…

Q: Answer all parts (a)-(g) of this question.Mette has started Mersea Oysters. She aims to export…

A: The objective of the question is to understand the concept of marginal cost, profit maximization,…

Q: The young great and super Expert Hand written solution is not allowed

A: Detailed explanation: Understanding the Graph: The graph likely represents the cost and revenue…

Q: a. What is the value of AC at economic capacity in each of the three plants? Plant 1: Plant 2: Plant…

A: Economic capacity refers to the level of production where average costs (AC) are minimized. Looking…

Q: If Sherry produces three pairs of earrings, her total variable costs are: Number of Earrings TVC MC…

A: Given  TVC = AVC ×Q  TFC = AFC× Q  TC = -TVC + TFC  TC = ATC × Q  TFC = TC at 0 units of production.…

Q: Ouput Total Cost $24 1 33 2 41 48 4 54 61 69 The TVC for Stelco Corporation of producing 6 units of…

A: Fixed cost is independent of output produced thus the required fixed cost at all units of production…

Q: 18 MC1 16 14 12 10 ATC1

A: An economic profit is the difference between the revenue a commercial entity has received from its…

Q: 23 A West Coast refinery used the following stocks of oil in a production run of gasoline.  The…

A: Given:    Barrels Cost Light Arabian Crude Oil  9880 79 High sulfur Alaskan oil 49810 55…

Q: QUESTION 48 A fem has a Total Cost of $1000, of which $300 is Fixed Cost. If the firm a currently…

A: Average Cost is the per unit cost , here we calculate the AVC by using the given information and…

Q: TC MC AFC AVC ATC 200 1 32 2 40 3 84

A: Answer: Note: at Q=0 the MC is zero. Formula to be used: TC=FCfixed cost+VCvariable…

Q: Output 1 2 3 4 5 6 Total Cost $ 80 160 240 320 400 480 560 All of the following are correct, except…

A: The costs of a firm refer to the expenses incurred in the production of goods or services. There are…

Q: When we are discussing Cost Volume Profit analysis how do costs behave? Why is cost behavior…

A: By examining costs behavior and the ways in which costs are predicted, and then we consider the…

Q: 6. If the Marginal Cost for a product is found to be MC : as MR = 1200 and the cost of 8 units is…

A: d) For the output which maximizes the profit would be where MR=MC So,1200=8x+601140=8xx=142.5…

Q: a. 338078.652 Ob. 337078.652 c. None of them Od. 337098.652

A: Break-even point sales are abbreviated as BEP sales. This is the amount of revenue needed to cover…

Q: Output TFC TVC TC MC ATC A 25 25 ---- -- 1 25 25 50 25 50 C 2 25 40 65 32.5 D 3 25 70 95 E 4 25 110…

A: The marginal cost is the cost of producing an additional one unit of output. Marginal cost (MC) is…

Q: 02. Average Variable Cost beyond Q=10 is O (a) positive and increasing O (b) negative and increasing…

A: Average Total Cost (ATC) refers to the total costs of production divided by the quantity of output…

Q: Compute the following   Q              P          TR       MR      AR      TC       TR-TC 0…

A: Total revenue is the revenue that a producer received after selling the output and marginal revenue…

Q: Quantity 0 1 2 3 4 5 6 7 8 Total Cost $60 90 109 125 140 160 184 210 240 TVC AVC AC $0 30 30.00 49…

A: A perfectly competitive market is where firms maximise their profit when the price is equal to the…

Q: C. What is Karol's fixed cost per lobster at an output level of 60,000? D. At an output level of…

A: In the given question, the cost curves of Karol's Lobsters Inc is given. We know that: Total Cost =…

Q: Refer to the figure. What is their total profit or loss? –$400,000 $360,000 $840,000 –$200,000

A: The profit is the excess revenue made by the firm after deducting the total cost from the total…

Q: Refer to Figure 2. In equilibrium, profits are equal to $0 a. b. C. d. $1300 $1200 $5000

A: A profit-maximizing firm produces at the intersection of MR and MC curves to maximize profit.  i.e.,…

Q: You're company manufactures on large scale unit and it has been shown that marginal or variable cost…

A: Answer- Need to find- Determine by integration the total cost, the total revenue , the break even…

Q: yue cost Funct ou and price per unit functon of setling x vuit of calculators are c(x) =°0 1x²+…

A: Quantity times price function gives the revenue function. Marginal cost is the additional cost for…

Q: Answer the questions below on the basis of the diagram. t per unit $10 9 8 7 6 5 ….... AN MC ATC AVC

A: Total costs TC equals TFC plus TVC. Total fixed costs (TFC) are the total payment of the firm on…

Q: The average variable cost for 2 units of output is O 12.5 O 7.5 O 95 0 5

A: The firms, and businesses in the market tend to make up the supply side of the markets. The firms…

Q: MC AFC AvC 160 65 3 10 20

A: We have the value of AFC at the 2nd unit of output, it is 65 Find the value of Fixed Cost (FC) FC =…

Q: Answer all parts (a)-(g) of this question.Mette has started Mersea Oysters. She aims to export…

A:

Q: An oil refinery produces one base type of crude oil. The total cost is given by the equation Total…

A: The total cost of oil refinery TC=50000+20.2D+0.0001D2 The sale price is $35 per barrel. That means…

Q: Victors marginals cost of producing an additionally unit of nuts is

A: Marginal cost or opportunity cost is given by slope of PPF curve.Therefore marginal cost = Slope of…

Q: Output TFC TVC TC MC ATC A 25 25 ------ ------ B 1 25 25 50 25 50 C 2 25 40 65 32.5 3 25 70 95 E 4…

A: The marginal cost is the cost of producing an additional one unit of output. It is calculated by…

Q: 600 cups of This Way drinks, the total cost is Gh 2300 and at 900 cups of This Way drink the total…

A: Since you have provided multiple sub-parts question, we will solve the first three sub-parts for…

Q: A firm has the following cost curves:   Q MC VC FC TC AVC ATC 0 --- 0 30 30 --- --- 112 2 22 26…

A: Fixed cost is the cost that remains same at all levels of output. Variable cost is the cost that…

Q: Figure: Profit Max/Loss Min Price $16 12 10 8 6 4 2 O 2 4 50 8 10 At a price of $13, this firm…

A: The market price is $13.In the diagram, the marginal cost, average total cost, and average variable…