日9ひ Unit 9 In-Class Exercise - FINAL (1) - Word P Search AutoSave ff Jared Holloway JH 스 File Home Insert Draw Design Layout References Mailings Review View Help A Share P Comments Graph the average total cost, average variable, average fixed, and marginal cost curves Unit 9- Cost, Revenue, and Profit The table shows the quantity produced and the total, average, variable, cost, and marginal costs for a firm. Complete the table. Quantity Total Cost Variable Fixed Cost Average Total Cost Average Variable Fixed Average Marginal Cost Cost Cost Cost N/A N/A N/A NA ক 100 50 50 95 180 130 35 50 20 215 225 175 10 25 261 211 49 385 335 450 |10 685 185 Graph the total cost, variable cost, and fixed cost curves. Assume the price is $50, draw the marginal revenue curve and identify the profit maximizing output level and shade in the total profit. Assume the price is $50, draw the total revenue curve and identify the profit maximizing output level and the maximum profit Page 2 of 2 150 words O Focus + 70% 3:23 PM P Type here to search ロ G) 4/22/2020

日9ひ Unit 9 In-Class Exercise - FINAL (1) - Word P Search AutoSave ff Jared Holloway JH 스 File Home Insert Draw Design Layout References Mailings Review View Help A Share P Comments Graph the average total cost, average variable, average fixed, and marginal cost curves Unit 9- Cost, Revenue, and Profit The table shows the quantity produced and the total, average, variable, cost, and marginal costs for a firm. Complete the table. Quantity Total Cost Variable Fixed Cost Average Total Cost Average Variable Fixed Average Marginal Cost Cost Cost Cost N/A N/A N/A NA ক 100 50 50 95 180 130 35 50 20 215 225 175 10 25 261 211 49 385 335 450 |10 685 185 Graph the total cost, variable cost, and fixed cost curves. Assume the price is $50, draw the marginal revenue curve and identify the profit maximizing output level and shade in the total profit. Assume the price is $50, draw the total revenue curve and identify the profit maximizing output level and the maximum profit Page 2 of 2 150 words O Focus + 70% 3:23 PM P Type here to search ロ G) 4/22/2020

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

Accounting profit is $1500 and the explicit cost is $450 Calculate the value of total revenue
1. Zagart's Zambonis manufactures Zambonis (ice rink machines). Its cost of quality data appears below. Total manufacturing cost this year was $4.6 million. Sthou Engineering tests at supplier's factory 18 Field testing new product 12 Inspection costs 42 Process re-engineering 50 Product redesign 42 Rework 45 Sales returns (at cost) 105 Scrap 22 Training employees on new system 6 Warranty repairs 60 Waste 14 Total 416
Output (unit) Total Cost (RM) Price (RM) 1 550 660 2 670 585 3 720 510 4 740 435 800 360 960 285 1190 210 135 60 8 1520 2160 Table 3 Table 3 shows data for a firm's production and costs in the long run. a. Based on Table 3, compute the marginal cost, average cost, marginal revenue, and average revenue as the output increases from 0 to 9 units. C. Based on your calculation from question (a), show the quantity and price where the equilibrium condition is found.
Number of Consumers Who Try the Product Number of Repeat Customers 10 million 10 million Product Energy bar A Energy bar B In the table above, the profit from repeat customers will equal the cost of the advertisement if there are Profit per Repeat Customer 5 million 1 million $6 6 Profit from Repeat Customers $30 million 6 million Cost of Advertisement $10 million 10 million million repeat customers. (Enter your response rounded to two decimal places.)
Have a look at the graph below and select the correct answer. Price and cost per unit £5 £4 £3 £2 £1 16 MR 32 The firm is making supernormal profit. The firm is maximising cost The firm is making a loss. MC 48 Demand 64 The firm is breaking even/ making normal profit. ATC AVC Quantity (000s)
executive summary for why india will be good country to open costco?
Use the cost and revenue data to answer the questions. Quantity Price Total Revenue Total Cost 10 90 900 675 15 80 1200 825 20 70 1400 25 60 1500 30 50 1500 35 40 1400 1025 1250 1500 1850
please view photo uploaded
Q36
Typed answer only
Q 0 1 3 5 7 9 11 15 17 Total Cost (TC) 1350 3200 4800 6900 9100 12350 18650 Total Fixed Cost (TFC) Total Variable Cost (TVC) 500 Average Total Cost (AC) 700 2. Plot the TC, TFC and TVC curves on a single diagram on another. cost of mountain bike production. Average Variable Cost (AVC) Average Fixed Cost (AFC) 200 220 Marginal Cost (MC) and plot the AC, AFC, AVC and MC curves
Give typing answer with explanation and conclusion 1.Sara knits 20 scarves and sells them for $25 each. What is her total revenue? $50 $250 $45 $500