Refer to the table below. The table shows Long-Run Total Costs Quantity 1 2 4 6 7 Firm 1 $180 $280 $470 $680 $890 $1,200 $1,510 Firm 2 $120 $250 $390 $540 $700 $870 $1,050 Firm 3 $150 $300 $450 $600 $750 $900 $1,050 Firm 4 $210 $340 $490 $620 $850 $1,060 $1,290 Firm 4's efficient scale occurs at what quantity? 2 4 O O

Total Revenue Total C ost Proit/Loss/ Price( P) Quantity (TR) (TC) Break Even $3 5. 2 9. 3 8. 4 11 5. 15 6. 21 30 8. 42 6. 60 10 85 Yummy Cupcakes is a purely competitive firm. The firm's costs are shown in the table above. The market price is $5 (USE THIS TO FILL IN THE PRICE COLUMN) When Yummy Cupcakes produces 1 cupcakel Q-1).the firm : O breaks even incurs a loss O earns profits will shutdown

Please see the attached7

Assume the following cost data are for a purely competitive producer Total Product AFC AVC ATC MC 0         1 $60 $45 $105 $45 2 $30 $42.50 $72.50 $40 3 $20 $40 $60 $35 4 $15 $37.50 $52.50 $30 5 $12 $37 $49 $35 6 $10 $37.50 $47.50 $40 7 $8.57 $38.57 $47.14 $45 8 $7.50 $40.63 $48.13 $55 9 $6.67 $43.33 $50 $65 10 $6.00 $46.50 $52.50 $75 In the table below, complete the short run supply schedule for the firm (columns 1 and 2) and indicate the profit or loss incurred at each output (column 3) 1 2 3 4 Price Quantity supplied, single firm Profit (+) or loss (-) Quantity supplied, 1500 firms $26       $32       $38       $41       $46       $56       $66

Question 12 of 20 $20 MC $18 $16 $14 ATC $12 AVC $10 $8 $6 $4 $2 $0 20 40 60 80 100 Output (Q) In the diagram above, when the firm's Output (Q) is 60, Average Total Cost (ATC) is: $14.00 $18.00 $11.00 O $12.50

Q3 need in 10 minutes

Quantity of Radios Total Variable Cost Total Cost 0   $25 1 $13 $38 2 $28   3   $70 4 $64   5   $110 6 $108   7 $133   8   $185 The fixed costs of production for this firm are: Group of answer choices $0 $25 $13 can’t be determined with information provided     2) Quantity of Radios Total Variable Cost Total Cost 0   $25 1 $13 $38 2 $28   3   $70 4 $64   5   $110 6 $108   7 $133   8   $185 The total variable cost of producing 5 radios is: Group of answer choices $190 $110 $90 $85   3) Quantity of Radios Total Variable Cost Total Cost 0   $25 1 $13 $38 2 $28   3   $70 4 $64   5   $110 6 $108   7 $133   8   $185   The total cost of producing 7 radios is: Group of answer choices $140 $153 $158 none of these is correct…