The total revenue generated is $400 and the output is 12 units Find the value of average revenue

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A: If we are given with the value of total revenue and total cost of the firm, then this can helps us…

Q: Total revenue for a dairy firm is $2400 per week The output sold is 80 Calculate price per unit

A: The price of a product is the amount of money required to purchase it. Price is a measure of value…

Q: Find the total profit of firm if total revenue is $800 and total cost is $480

A: The information being given is:- Total revenue = $800 Total cost = $480 We have to calculate profit

Q: Total variable Total Average variable Output Average total cost Total Average fixed cost Marginal…

A: Here, different cost functions of a firm is given for different output level.

Q: Total cost is given the be as $800 and average cost is $80 Calculate the output

A: Total cost is the sum total of fixed cost and variable cost.  Average cost is calculated by dividing…

Q: a) Write the Revenue equation ,R(x). b) Write the Cost equation, C(x). c) Find the breakeven point.

A: Since you have posted a question with multiple sub-parts, we will solve first three sub parts for…

Q: Calculate the average revenue when total revenue is 370 and quantity is 20

A: # The relationship of average revenue and total revenue is:- AR = TR / Q

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A: Revenue refers to the total amount of money earned by a company or organization from its operations…

Q: If explicit cost equals to $40000 and implicit cost $ 95,000 and the accounting profit is $23,000…

A:

Q: If average revenue is $44 and output is 20 units Calculate total revenue

A: Given information, Average Revenue (AR)= $44 Total output (Q)= 20 units To find: Total Revenue

Q: If explicit cost are $4400 and the accounting profit is $6000  Calculate the value of total revenue

A: Given: Explicit cost=$4400 Accounting profit=$6000  To find: Total revenue

Q: 1) Economic profit is defined as the difference between revenue and......... (a) economic cost (b)…

A: Economic Cost:- Economic cost is equal to accounting cost plus opportunity cost. Implicit Cost:-…

Q: The value of average cost is 55 and the quantity is 5 units. Calculate the total cost.

A: # The formula for total cost is :- = Average cost * Quantity This is because average cost is the…

Q: a How many units would the company have to sell to have a profit of AED 150,000?

A: Total cost is the cost that includes fixed cost as well as the variable cost of the goods and…

Q: If average revenue is $44 and output is 20 units  Calculate total revenue

A: The information being given is :- Average revenue = $44  Output = 20 units  We have to calculate…

Q: Calculate output value if Total revenue is $2400  and price per unit is $60

A: According to the above given question, the values given are:- Total revenue = $2400 million Price…

Q: Refer to the figure. How much is t 4000 O O 0 2000

A: The fixed cost refers to cost that does not change with change in level of output. It is not…

Q: None

A: Step 1: Plotting the weekly total revenue when the market price is $50, $75, $100, $125, $150, $175,…

Q: Calculate the price per unit if quantity sold is 34 units and the revenue generated out of it is…

A: The given information is as follows:- Total revenue = $1500 Quantity sold = 34 units We need to…

Q: A firm's total revenue is $2000 and the output produced was 40 units  Calculate price per unit

A: The firms, and businesses are the entities, who are involved in the production of goods, and…

Q: Find the total profit of firm if total revenue is $600 and total cost is $430

A: Answer: Given, Total revenue = $600 Total cost = $430 Total profit = Total revenue - Total cost…

Q: If the total revenue is 184 units in the total profit is 132 units find the total cost?

A:

Q: Quantity of Output Produced (units) 1 2 3 4 5 6 7 Total Variable Cost ($) $90 $100 Impossible to…

A: Fixed cost of production: Fixed costs are those parts of production that are independent of the…

Q: Units of fixed input K Labor Hours (L) Output (Q) TFC TVC TC AFC AVC ATC MC 3 0 0 90 0…

A: A firm is an entity that plays the role of a supply-side participant in the market. A firm…

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A: # The total profit of the firm is given as:- The difference between total revenue and total cost.…

Q: Calculate price per unit if output is 4

A: The information being given is:- Total revenue = $3200 Output = 4 units  We have to calculate total…

Q: The profit when the firm is profit maximizing is _______

A: The practice of maximizing the gap between revenue and total costs is known as profit maximization,…

Q: Units of fixed input K Labor Hours (L) Output (Q) TFC TVC TC AFC AVC ATC MC 3 0 0 90 0…

A: In a market, producers have to face various constraints such as cost minimizing or…

Q: 2. The above table shows a firm's: * a. Short-run and long-run costs. b. Long-run costs: c.…

A: Perfect competition is a market form that involves the production of homogenous goods and services.…

Q: Output quantity Total variable cost Total cost 0 $0 $250 25   450 50 300 X 75 375   100 600 850 125…

A: Total cost is the sum of fixed cost and variable cost. Fixed cost remains constant and does not…

Q: When output is expanded from 10 to 11 units, AVC will and ATC will O Insufficient information O…

A: If price is a smaller amount than average total cost but greater than average variable cost, a firm…

Q: BridgeCo manufactures ar used struc standard size caseloads for a price of $4000. BridgeCo's fixed…

A: Price=$4000 Fixed Cost=$20,000 Variable Cost=$2000   (a) Total Revenue= Price*Quantity TR=4000*Q…

Q: A company makes and sells toasters. To make the toasters there is a fixed monthly cost of $27,000…

A: Here we have to write the cost function, the revenue function, the profit function, the break even…

Q: Calculate price per unit if total revenue is $1000 and the quantity sold is 50 units

A: The information given is as follows:- Total revenue of the firm = $1000 Quantity sold = 50 units…

Q: When the production volume (Q)is(100)units the total costs (TC)is (1500)omani RIyals and fixed costs…

A: Total cost TC = 1500 Fixed cost FC = 900 Quantity Q = 100

Q: Find output of total revenue is $6400 and the price per unit is 400

A: The given information is as follows:- Total revenue = $6400 million Price per unit = $400  Using…

Q: Calculate the value of Total revenue when price is $33 and the quantity is 71 units

A: # The revenue generated by the firm by selling all the units of goods at respective prices is…

Q: Rob Otics Ltd, a small business that specializes in manufacturing electronic- control equipment…

A: Here, given table provides information about total cost at different output level.

Q: The change in fotal costjof production as the output or total product of the business is expanded…

A: Marginal cost: It is the extra cost of producing an extra unit product.

Q: True/false Variable cost changes or vary with the change in the level of output in a production…

A: Cost is an economic concept that refers to the amount of resources, including time, money, and…

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: Calculate total profit when total revenue is $700 and total cost is 60% of total revenue

A: The data presented in the question above is:- Total revenue of firm = $700 Total cost = 60% of total…