Answer the question on the basis of the following cost data. Average Fixed Average Variable Output Cost Cost 1 $ 50.00 $ 100.00 2 25.00 80.00 3 16.67 66.67 4 12.50 65.00 5:35 5 10.00 68.00 6 8.37 73.33 7 7.14 80.00 8 6.25 87.50 The marginal cost of the sixth unit of output is Multiple Choice О $440.00. $8.37.

Q: If AFC is $9 at an output of 100 units, and ATC s $11 at the same output, it follows that: TVC is…

A: there are mainly two type cost , Fixed Cost and Variable cost , Average cost is the per unit cost…

Q: Assume the following hours of cleaning work and the total cleaning cost (mixed cost) for the six…

A: Since you have asked multiple question, I am solving first question if you want other question to be…

Q: Firm A is currently producing 102 units of output with total variable cost $4 and average fixed cost…

A: The current production of Firm A is 102 units. The total variable cost is given as $4The average…

Q: e) Make a graph with the CFT, CVT and CT. On the back it describes what the graphed curves mean f)…

A: Before making the graphs for parts e and f, we need to calculate the following table as you must…

Q: Use the following information to create a standard cost card for production of one photography drone…

A: Cost is the sum of the resources—including time, money, materials, and labor—used to create a good…

Q: For the cost function C(x) 125x + 375 x+7 where C is in dollars and x is the number produced in…

A:

Q: Answer the question on the basis of the following cost data.   Output Total Cost 0 $ 24 1 33 2 41…

A:

Q: Use the information in the graph to find the values for the following costs at an output level of…

A: In order to find the values for the costs at an output level of 500 units, we'll use the information…

Q: The following cost data are for a firm in the short run: Output  Total Cost 0 $400 1 500 2 550 3 600…

A: Given,

Q: Adam operates a factory that produces beach towels. His current level of output equals 1000 towels…

A: Average total cost is referred to as the sum total of all production costs divided by the total…

Q: What is the price?  to make it breakeven

A: Average cost is total cost divided by total production while marginal cost is the change in total…

Q: 1. Answer the question on the basis of the following cost data. Outpu Average Fixed Average Variable…

A: The firms operating in a market incur two types of costs, fixed costs, and variables costs. Fixed…

Q: During the last few days the Superior Company has been running into problems with its computer…

A: Some basic concept of cost theory are  Total cost TC = total fixed cost FC+ variable cost VC.…

Q: Long-Run Q 10 90 AC $

A: In the short run, some inputs are fixed and some are variable. Whereas in the long run, all the…

Q: Calculate the level of average cost to produce 39 units of output if the total cost function is…

A:

Q: ng started signment you will be working with models for price, revenue, cost and profit for a small…

A: A cost function is a formula that predicts the cost that will be incurred at a certain level of…

Q: Given the production and cost schedule for Laso Factory for tapes.Determine the average fixed cost…

A: Costs are the expenses that the firms have to incur in the production of goods and services. In the…

Q: Answer the question on the basis of the following cost data. Average Fixed Average Variable Output…

A: Average variable cost (AVC): - it is the average value of the cost incurred due to the employment of…

Q: A manufacturing company is currently producing 1,000 units of a product at a total cost of $10,000.…

A: Economies of scale refer to the cost advantage that companies experience when they increase their…

Q: Find total cost given that:- Fixed cost = $90 Variable cost = $45

A: The data presented in the question above is:- Fixed cost = $90 Variable cost = $45   Total cost is…

Q: Please examine the table below. What is the Average Total Cost (ATC) of the fourth unit? Total…

A: Total cost is the cost faced by the producer for producing the goods and services and the Average…

Q: Firm A is currently producing 104 units of output with total variable cost $4 and average fixed cost…

A: To calculate the marginal cost (MC), you can use the following formula:MC=ΔTVC/ΔQ​Where:MC is the…

Q: Answer the question on the basis of the following cost data. Output 0 1 2 3 4 5 6 Total Cost $24 33…

A: Total cost is the sum of total variable cost and total fixed cost. Total fixed cost is the cost at…

Q: Answer the question on the basis of the following cost data. Output 0 1 2 3 456 4 6 Total Cost $ 24…

A: Total variable cost is the cost of employing the variable input. Total fixed cost is the cost of…

Q: Ouput Total Cost 0 $ 10 1 20 2 28 3 38 4 53 5 73 6 98   Refer to the provided table. The total…

A: Variable cost are the cost which is variable in nature by changing this factor we increases and…

Q: Answer the question on the basis of the following cost data. Average Fixed Cost Average Variable…

A: Total cost (TC): - it is the sum of fixed and variable costs incurred in the production process.…