TC = 200 + 60Q+ 2Q? What is the average variable cost when 4 units are produced? Enter as a value. 248

Q: Total fixed cost is $300 and total variable cost is $700 Calculate total cost

A: The given information is as follows:- Total fixed cost = $300 Total variable cost = $700 We have to…

Q: Suppose you have a job in production management. A portion of your costs are as in the table below:…

A: Here we calculate the profit and conclude the decision is this production profitable or not  , and…

Q: If the ATC of 20th unit is $35, then ____. a) the AVC is rising between the 20th and 30th units b)…

A: If the ATC of 20th unit is $35, then

Q: Economic cost and accountant cost are not equal. Why aren’t they equal? Explain with example

A: Maintaining a business demands that you keep a heartbeat on the monetary components that influence…

Q: When Yennefer produces 68 spells her total cost is $4,530 and her average variable cost is $23. What…

A: Answer: Given, Total cost (at Q=68) = $4,530 Average variable cost= $23 Fixed cost=Total cost-Total…

Q: If the Marginal Cost for a product is found to be MC= 1500/15x+100' , and the cost of 80 units is…

A: We have, x= 80 Total cost = TC = $6000 at x = 80 Marginal cost, MC = 1500/ (15x+100) To find the…

Q: 0 Use your knowledge of cost functions to calculate the missed cost data in the accompanying table.…

A: The economic cost is different from the accounting cost. Economics cost involves implicit costs like…

Q: After one month of operation, UCC Cafe decided to shorten its business hours and close on weekends.…

A: When UCC cafe reduced business hours and weekends holiday. It considered variable cost.

Q: Darrell owns a furniture store. His total costs are $225,000 per year, and his fixed costs are…

A: Total costs include all the costs that a firm incurs when producing a product. Fixed costs are the…

Q: A firm manufacture robots, for which $10000 machinary is used. The additional per unit cost is $100.…

A: Fixed cost of production  = $10000 Variable costs  of production = $100 Number of units produced = 5

Q: Eliza works in a diner and creates luscious pies. She has the following average total cost schedule…

A: Microeconomics is concerned with persons, so, the interaction in a market between a firm and a…

Q: If average fixed cost is $30  Calculate total fixed cost if output is 30 units

A: According to the above question, the values given are:- Average fixed cost = $30 Output = 30 units…

Q: In this table, the average cost of producing 300 units of output is: a b IPCSB.13 с d Selected…

A: In economics, average cost or unit cost is equivalent to total cost (TC) divided by the quantity of…

Q: If average cost is $30 and the output is 15 units. Calculate total cost

A: (Q)If the average cost is $30 and the output is 15 units. Calculate total cost

Q: Calculate average cost when total cost is $100,000 and output is 74 units

A: We are given that:- Total cost incurred by the firm = $100,000  Total output = 74 units

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: $1,000,000- $500.000- 7,500 15.000 22.500 30,000 37,500 45.000 A B C. Total cost $2,500,000-…

A: Here we have to calculate the total Costs and break even points.The term "total cost" describes the…

Q: TC = 81 + 16Q + 3Q2 What is the average variable cost when 10 units are produced?

A: Total cost is sum of fixed cost and variable cost. Fixed cost is the cost which is not dependent on…

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: Identify a fixed cost

A: A fixed cost is referred to as the cost which would not change due to an increase or decrease in the…

Q: When marginal product increases, marginal cost increases. True False

A: Marginal product is the additional output produced by the additional worker or the change in the…

Q: TC = 83 +31Q +4Q² What is the average variable cost when 17 units are produced? Enter as a value.

A: Average Variable Cost (AVC) is an economic metric that represents the variable cost per unit of…

Q: TC = 217 + 55Q + 4Q2 What is the average variable cost when 10 units are produced? Enter as a valu

A:

Q: The total cost (in dollars) of producing x food processors is C(x) = 1600 + 40x-0.1x². (A) Find the…

A: Business economics entails making judgments and allocating resources in complex market situations.…

Q: Total cost is 1200.output is 20.fixed cost is 1000.what is variable cost?

A: The concept of total cost is used in practically all business units. The main advantage of using the…

Q: The MC of the 30th unit is $200. True or False?

A: Marginal Cost (MC): - it is the additional cost incurred due to the production of additional units…

Q: How does the best price change as the unit variable cost changes?

A: A variable cost could be a corporate expense that changes in proportion to production output.…

Q: At which point the total revenue equals to total cost is known as? One word

A: According to the given question Total cost is basically that cost in which the variable cost is…

Q: Martinez Company's relevant range of production is 7,500 units to 12,500 units. The unit costs when…

A: Variable Cost is the cost that changes with the change in output. It depends on the amount of units…

Q: The total cost to produce hundred motors bikes is $1000. Calculate the average cost of producing the…

A: Given information: Total number of motorbikes = 100  Total cost of production = $1000

Q: help please answer in text form with proper workings and explanation for each and every part and…

A: Average Fixed Cost (AFC)Shape: AFC is a downward-sloping curve.Explanation: As output (quantity)…

Q: The Trouser Company has fixed costs of 2,400 per week. In addition, we have some information about…

A: The followings are the formula to calculate the AVC, AC, and MC: Average Variable Cost (AVC) =…

Q: Average cost is $30 and the total cost is $900 Calculate the output

A: Average cost is the per unit cost of producing an output.

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: Variable Costs Average Variable Cost Production Data Production Data The $60 per worker a day…

A: The variable cost is $60 per worker a day. At 90 units of output (i.e. when 90 cars are washed in a…

Q: TC = 177 +30Q + 2Q² What is the average variable cost when 9 units are produced? Enter as a value.

A: TC = 177 + 30Q + 2Q2 Since Total cost = Total variable cost + Total fixed cost Total Fixed cost is…

Q: Table: Cost Data Quantity of Output 0 1 2 3 6 7 Variable Cost (VC) 0 50 70 100 140 190 250 320 Total…

A: The price a company pays on average as a fixed expense to create a good for the market is known as…

Q: When Yennefer produces 18 spells her average total cost is $35.69 and her fixed cost is $180. What…

A: Total cost = Fixed cost + Variable cost Total cost = Average total cost * quantity

Q: The average fixed cost of producing 5 units is: 04 0 1 O 0.8 22 O 2.4 Output (balloons per hour)…

A: Total cost is the cost of production of all the units of good. Total cost is the sum of fixed cost…

Q: (b) A firm has an average cost function 125 q? A(q) + 4. 16 where q is the firm's output. (i)…

A: Hi, thanks for the question. As per the guidelines we are allowed to attempt the first question. If…

Q: TV manufacturer can produce 200 TVs in a month at a total $140000 and 400 TVs at a total cost…

A: Given the cost for production of 200 Tvs is $140,000. Therefore, the fixed cost is $140,000 as it…

Q: TC = 75 +22Q + 2Q² What is the average variable cost when 15 units are produced? Enter as a value.

A: Given, TC = 75 + 22Q + 2Q2 Units produced(Q) = 15 units

Q: Find average variable cost given:- Total variable cost is $490 and the output is 30 units

A: The data presented in the question above is:- Total variable cost = $490  Output = 30 units  Average…

Q: What is the total variable cost of 2 oil changes?

A: Total cost is the sum of fixed cost and variable cost.