Solve both subparts correctly and not use of excel 4. Consider the table below which shows the total fixed costs (TFC) and variable costs(TVC) for producing Audrey Cat Food in a small factory with a fixed amount of capital.Total Fixed CostOutput per year(000's of catfood)Total Variable Cost(TFC) ($000's)(TVC) ($000's)200120040200702009042001002001102001307200160200200a) Compute the average fixed cost (AFC), average variable cost (AVC), marainalcost (MC) and average total cost (ATC) for each level of output.b) Explain the relationship between the between marginal cost and averagevariable cost.

The average cost can be calculated by dividing the total cost by the level of output. Marginal cost…

4. Consider the table below which shows the total fixed costs (TFC) and variable costs (TVC) for producing Audrey Cat Food in a small factory with a fixed amount of capital. Output per year (000's of cat food) Total Fixed Cost (TFC) ($000's) Total Variable Cost (TVC) ($000's) 200 1 200 40 2 200 70 200 90 4 200 100 200 110 6. 200 130 200 160 8 200 200 a) Compute the average fixed cost (AFC), average variable cost (AVC), marainal cost (MC) and average total cost (ATC) for each level of output.

4. Consider the table below which shows the total fixed costs (TFC) and variable costs (TVC) for producing Audrey Cat Food in a small factory with a fixed amount of capital. Output per year (000's of cat food) Total Fixed Cost (TFC) ($000's) Total Variable Cost (TVC) ($000's) 200 1 200 40 2 200 70 200 90 4 200 100 200 110 6. 200 130 200 160 8 200 200 a) Compute the average fixed cost (AFC), average variable cost (AVC), marainal cost (MC) and average total cost (ATC) for each level of output.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Similar questions

Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.Answer completely.You will get up vote for sure.
Please avoid using ChatGPT and refrain from providing handwritten solutions; otherwise, I will definitely give a downvote. Also, be mindful of plagiarism. Answer completely and accurate answer. Rest assured, you will receive an upvote if the answer is accurate.
Bernardo Beefmaster has 50 cull cows that average 1100 Ibs and he purchased them for $60/cwt. He fed the cows for 55 days and sold them at 1260 Ibs for $65/cwt. The cows averaged about 30 lbs of feed per day, and cost $7/cwt. Calculate the average daily gain, feed efficiency (feed:gain), feed only cost of gain, breakeven per pound and total, and the total margin. WHAT IS THE BREAKEVEN VALUE PER POUND?
The following figure represents the Marginal Abatement Cost curves of two paper towel factories: Unbleached Factory, Number 1 and Bleached Factory, Number 2 in the figure. Their MAC functions are: MAC1 = 61.5E1 and MAC2 = 6 -0.75E2 E1 and E2 are the emissions of the two firms in tonnes.
Answer correctly please. Don't do wrong. I ll rate
Please also provide solution to questions 4,5, and 6.
The sum of the 2011 revenue and four times the 2008 revenue for a particular company is $3,489 4 million The difference between the 2011 and 2008 revenues is $145 9 million if the company's revenue between 2008 and 2011 is an increasing inear function, find the 2008 and 2011 revenues The 2008 revenue is $ million (Type an integer or a decimal)
what is the terminology for this definition below: Year serving as point of comparison for other years
The state of New Jersey has in circulation (as of 2011) an instant lottery game called $1,000 Downpour. The cost of each ticket for this lottery game is $5.00. A player can instantly win $75,000, $1,000, $100, $50, $20, $10, or $5. Each ticket has 19 spots covered by latex coating, and the top four spots contain numbers that, if matched by the player's numbers, win money. The remaining 15 spots belong to the player. A player wins if any of the numbers in the player's 15 spots matches any of the four winning numbers. Number of tickets that can win Prizes 0 (i.e. not a winner) 2,853,533 621,075 10 327,600 20 58,500 50 31,200 100 5525 1,000 2561 75,000 6. Total= 3,900,000 tickets sold Find and interpret the expected outcome of this game. [Write your answer as a complete sentence]
A third party who is not in privity of contract but who has rights under the contract and can enforce the contract against the obligor is said to be an intended beneficiary.