Total Total Average Average Average Total Marginal Variable Fixed Cost $200 Output Fixed Variable Total (Q) Cost Cost $0 Cost Cost Cost Cost $200 20 $200 $150 $350 40 $200 $250 $450 60 $200 $450 $650 80 $200 $800 $1,000

Q: For a juice shop the accounting profit is $780 and the explicit cost is $300 Calculate the total…

A: here we calculate the Total revenue by using the accounting profit and explicit cost so the…

Q: What is the relationship between the firm,total revenue,total profit and total cos

A: Costs are the expenses that the firms have to incur in their production activities. Revenue is the…

Q: When marginal cost is greater than average variable cost, average variable cost i v (Click for List)…

A: Marginal cost is defined as the extra coat a firm incurs by employing an extra unit of input.

Q: Fill in the missing values for total fixed cost, total variable cost, and total cost in the table…

A: Here, the given table provides information about total fixed cost, total variable cost and total…

Q: What is the total revenue when output is 1, total cost is 35, marginal cost is 10, fixed cost is 25,…

A: Rеvеnuе rеfеrs to thе total incomе gеnеratеd by a businеss or an individual through thе salе of…

Q: Bags/ variable average Participants fixed cost cost total cost variable cost cost marginal total…

A: Calculations Average Variable Cost (AVC): AVC=Variable Cost/(Bags/ Participants)​Marginal Cost (MC):…

Q: Fill in the blanks in the table below. The problem is a "puzzle" so the blanks are not necessarily…

A: Total cost is the sum of fixed cost and variable cost.=> TC = FC + VC Fixed cost is the cost that…

Q: Find the value of B. Quantity Total Cost Fixed Cost Variable Cost Average Total Cost Average Fixed…

A: "Average fixed cost measures the fixed cost of production per unit of output."

Q: Betty's Bakery Quantity of cakes 1 2 3 4 5 6 7 8 Fixed Cost Variable Cost $13 $28 $64 $108 $133…

A: Marginal cost refers to the increase or decrease in the cost of producing one more unit or serving…

Q: Price equals $20, quality equals 400 units, unit cost equals $15, implicit cost equals $4000. What…

A: Economic profit is the total revenue less the economic cost. Economic cost is the sum of implicit…

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: A company sells a product for $34 each. The variable costs are $16 per unit and fixed costs are…

A: Selling Price=$34Variable cost=$16Fixed cost=$14562The break-even point refers to the level of sales…

Q: If marginal cost exceeds average variable cost, average variable cost is decreasing average variable…

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…

Q: The value of average cost is $80, the value of average variable cost is $49 Calculate the value of…

A: We know that the total cost is given as:- TC = TFC + TVC Dividing both sides with output:- AC = AFC…

Q: Price of Quantity of Total Marginal Utensil Utensils demanded Revenue Revenue $50 100 $45 200 $40…

A: The sum of money that a firm earns without deducting the expenses is called revenue.

Q: Implicit cost is $200, explicit cost is $260 and total revenue is $800  Calculate the Economic…

A: The information given to us:- Implicit cost of firm = $200 million Explicit cost of firm = $260…

Q: The graph shows the cost curves are they profit maximizing firm in a competitive market. If the…

A: In a competitive market, there are a large number of sellers and buyers who have full information…

Q: a) do to adjust scale? Why? b) After 3 years if the demand for your cars starts to increase how…

A: Given that economic crisis have caused the sell to decline .

Q: Douglas Fur is a small manufacturer of fake-fur boots in Philadelphia. The following table shows the…

A: Total cost is the sum of variable cost and fixed cost. Fixed cost remains same at all levels of…

Q: 16. In the accompanying table, you are given information about two firms that compete in a…

A:

Q: Fill in the table  What are the profit-maximizing price and quantity, and what profit will be…

A: We use the following formulas to solve the missing values in the table: 1) Total Revenue = Price…

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: Accounting profit is $1500 and the explicit cost is $450 Calculate the value of total revenue

A: please find below the calculation.

Q: Quantity 0 1 2 3 Total Fixed Variable Marginal Cost Cost Cost Cost 100 100 D 150 A E B A CA What is…

A: Marginal cost:Marginal cost is the additional unit that is added to the total cost. It is calculated…

Q: ABC is a small business producing instructional modules for disabled children in public schools. The…

A: Since you have posted a question with multiple sub-parts, we will provide the solution to only the…

Q: Fixed-Cost Fallacy Describe a decision made by your company that involved costs that should have…

A: A fixed-cost fallacy is when a company assumes that a cost that does not change with the level of…

Q: Average Total Cost

A: The per unit total cost is depicted by average total cost (ATC). The formula is given by: ATC=TCQor,…

Q: Water and electricity used in manufacturing company is an example of: A Manufacturing overhead -…

A: The markets are the place where the buyers of various goods, and services tend to meet and interact…

Q: Fill in the blanks in the table below. The problem is a "puzzle" so the blanks are not necessarily…

A: Total cost is the cost that includes total variable cost and total fixed cost of the production.

Q: Average Fixed Average Average Total Total Product Cost Variable Cost Cost Marginal Cost $ 25.00 1 $…

A: Question first:The firm producer at MC=P if P>AVCP=68.10, MC=68.07 then AVC=33 so the firm…

Q: If explicit costs is $300 and total revenue is $1000 Calculate the accounting profit

A: according to the above given question, we are given that;- Explicit costs = $300 Total revenue =…

Q: Quantity of Resort Units Marginal Capacity Cost Marginal Operating Cost Peak Marginal Revenue…

A: Given: Quantity of Resort Units Marginal Capacity Cost Marginal Operating Cost Peak Marginal…

Q: Calculate Total revenue if average revenue is $15 and output is 1000

A: The information being given is:- Average revenue = $15 Output = 1000 We have to calculate the total…

Q: what are some of the technical advantages that a firm can benefit from selling their products on…

A: Amazon:Amazon is an international market place which selling their goods and services in different…

Q: Given the quantity produced (Q), Total fixed cost (TFC) and Total Cost (TC), (1) calculate Total…

A: Total Cost (TC) is the sum of Total Variable Cost (TVC) and the Total Fixed Cost (TFC). Therefore,…

Q: If explicit cost is $300, implicit cost Is $220 and total revenue is $700  Find Economic profit

A: The information being given is:- Explicit cost = $300  Implicit cost = $220 Total revenue = $700 We…

Q: Given the quantity produced (Q), Total fixed cost (TFC) and Total Cost (TC), (1) Calculate Total…

A: Broadly, Total Cost is the summation of Total Fixed Cost and Total Variable Cost. TFC is the fixed…

Q: The table below presents the average and marginal cost of producing cheeseburgers per hour at a…

A: Total cost is the sum of fixed cost and variable cost.Fixed cost is the cost that doesn't changes…

Q: As total output increases average fixed cost v (Click for List) constant at a maximum falling rising…

A: Variable costs refers to those costs which depends upon the level of output. These costs increases…

Q: Find the value of Y. Quantity Total Cost Fixed Cost Variable Cost Marginal Cost $1,000| $1,000…

A: Fixed cost (FC): - it is the cost incurred on the fixed capital assets like land, building,…

Q: Calculate the value of profit when total revenue is $450 and total cost is $320

A: We are given that:- Total revenue = $450  Total cost = $320 We need to calculate the total profit of…