Santiago runs a comic book store in the town of East Arbor. He is debating whether he should extend his hours of operation. Santiago figures that his sales revenue will depend on the number of extra hours the store is open as shown in the table to the right. He would have to hire a worker for those extra hours at a wage rate of $18 per hour. Extra Hours Open Total Revenue (dollars) $70 120 160 184 200 210 2 3 4 Using marginal analysis, by how many hours should Santiago extend his store's hours of operations? 6 2 hours 3 hours C. 4 hours 5 hours 6 hours E.

uestion 10 Your Answer: $ Answer 18 30 25 20 10 100 200 300 Based on the attached graph calculate the total cost if y = 300. units ATC AVC Y

Total cost = $4500 fixed costs = $2000 variable cost = ?

Q17

Calculate the value of total revenue if total cost is $6500 and profits are $800

Jesaki screenshot with question attached thanks 4kti42o4i2 24i

A heavy equipment manufacturing company has produced its first unit using 3500 hours and $300,000 overhead cost. The next unit, i.e. the second unit took 3300 hours. Overhead cost for this unit was $200,000. Suppose the labor was $20 per hour. Being the production manager, you need to decide what would be the total production costs for additional 10 units after the completion of the second unit. Round the final amount to nearest integer. $1,597,832 C$1,003,183 (DNone of the above

Jenkins Ltd manufactures remote control cars which sells for $500 each. The fixed cost is $70000 and the variable cost per unit is $300. Jenkins sold 200 units of car. Find the total cost and total revenue for Jenkins Ltd.

Could you list the equations for each solution?

How did you get the productivity of the new unit. What formula is used?