Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
![1
5
3
7
8
9
0
1
2
3
14
85
TC
300,000
250,000
200,000
150,000
100,000
50,000
80
60
40
20
0
0
MC, AC
100
TC (BASE)
TC (NEW)
1500 3000 4500 6000 7500 9000
MC(NEW)
MC(BASE)
AC(NEW)
AC(BASE)
Q
0
0 1500 3000 4500 6000 7500 9000
BASELINE COSTS
TC (BASE)
AC (BASE)
MC (BASE)
TC (NEW)
AC (NEW)
MC (NEW)
NEW COSTS
Output
Fixed cost
TC_AC_MC ANSWER SHEET ANSWER BIN
Tax per unit
AC(NEW)-MC(NEW)
Question 13
POLICY VARIABLES
Go to answer sheet
Reset to baseline
Print
$58,202
$23.28
$23.41
$83.202
$33.28
$23.41
2,500
50,000
$0.00
$9.87](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F5ba1d447-2ed3-4f59-ae05-29c278ad958a%2F09fc5346-8d19-45fd-b93f-4b000531a773%2Fi2daj3_processed.png&w=3840&q=75)
Transcribed Image Text:1
5
3
7
8
9
0
1
2
3
14
85
TC
300,000
250,000
200,000
150,000
100,000
50,000
80
60
40
20
0
0
MC, AC
100
TC (BASE)
TC (NEW)
1500 3000 4500 6000 7500 9000
MC(NEW)
MC(BASE)
AC(NEW)
AC(BASE)
Q
0
0 1500 3000 4500 6000 7500 9000
BASELINE COSTS
TC (BASE)
AC (BASE)
MC (BASE)
TC (NEW)
AC (NEW)
MC (NEW)
NEW COSTS
Output
Fixed cost
TC_AC_MC ANSWER SHEET ANSWER BIN
Tax per unit
AC(NEW)-MC(NEW)
Question 13
POLICY VARIABLES
Go to answer sheet
Reset to baseline
Print
$58,202
$23.28
$23.41
$83.202
$33.28
$23.41
2,500
50,000
$0.00
$9.87
![Set the level of fixed cost to $50,000.
19) At what output is the value for the new AC
at its minimum?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F5ba1d447-2ed3-4f59-ae05-29c278ad958a%2F09fc5346-8d19-45fd-b93f-4b000531a773%2Fqnlpb36_processed.png&w=3840&q=75)
Transcribed Image Text:Set the level of fixed cost to $50,000.
19) At what output is the value for the new AC
at its minimum?
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