(c) The cost function of a firm is given below: पतंजलि 4 Output Total Cost () 1 60 80 100 111 116 Find: (i) Total fixed cost, (ii) Total variable cost, (iii) Average fixed cost, (iv) Average variable cost, (v) Marginal cost

Q: 2. A pizza shop has fixed cost of $5000 per week. A pizza costs $10 to produce. (a) Write down the…

A: Given: Fixed cost = $5,000Variable cost per unit = $10  Required A Total cost = Fixed cost +…

Q: Define different types of costs. Explain Fixed and Variable costs with the help of examples.

A: Types of cost in short run Fixed Costs (FC) It is the cost of fixed factors.The costs which don’t…

Q: Allstate Heating Company has $12,000 fixed costs each week. Its total variable costs change as the…

A: Cost is an economic concept that refers to the amount of resources, typically measured in terms of…

Q: Use the information in the graph level of 500. a. Total fixed cost b. Total variable cost c. Total…

A: Total fixed costs refers to the total expenditure which remains fixed at all levels of output. It…

Q: Complete the cost table to make it consistent with the given numbers. 0 TC TFC TVC ATC AFC AVC MC 0…

A: The table you've provided is a cost table, commonly used in economics to analyze the costs…

Q: antity Total Cost Marginal Cost Fixed Cost Variable Cost Average Variable Cost Average Total Cost…

A: TC = FC + VC VC = TC - FC MC = (TC2 - TC1)/(Q2 - Q1) AVC = VC / Q ATC = TC / Q

Q: If average cost is $30 and the total cost is $900 What output must the firm have produced

A: Total Cost(TC) is the total amount incurred by the firm in production of given quantity. Average…

Q: Problem 2, From the data given below, calculate: O Average fixed cost, (ii) Average variable cost,…

A:

Q: A  large-scale producer selling a wide range of soft drinks. (a) Outline and explain the sources of…

A: Diseconomies of scale occur when a business grows so large that the costs per unit increase. It…

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: Consider the following cost information for a pizzeria: Quantity Total Cost Variable Cost (Dozens of…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: I want correct answer.....Please provide steps by step answer with proper and correct answer with…

A: Option a) $1,200: This option is incorrect because the average total cost (ATC) is calculated by…

Q: Below is the cost structure for Syarikat Maju Jaya. Output (unit) Total Cost (RM) Total Fixed Cost…

A: 1. We can calculate Total variable cost by subtracting total fixed cost(RM) from Total cost(RM) for…

Q: Total Product 0 2 3 Total Variable Cost $0 185 285 Number Total Cost 450 635 Number 785 Average…

A: Total cost is the total expenditure that is incurred on production of output. Fixed cost is…

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

A: find below the filled answers

Q: Which of the following statements is (are) correct? (x)  In the short run, if a firm produces…

A: Fixed cost is the cost incurred by the producer for the purchase of fixed inputs. These costs do not…

Q: Table 1.2 Total Output (Q) 10 20 30 40 50 60 70 Total Cost(TC) 2,000 2,900 3,700 4,400 5,000 6,200…

A: Total cost is the sum of fixed cost and variable cost.=> TC = FC + VC Average total cost (ATC) is…

Q: Calculate TFC if average fixed cost is $30 and output is 50

A: The information being given is:- Average fixed cost = $30 Output = 50 units  Total Fixed cost = ?

Q: Average Fixed Average Average Total Total Product Cost Variable Cost Cost Marginal Cost 1 $ 150.00 $…

A: In purely competitive market, there are many firm selling identical goods. Firms do not have any…

Q: Compute the long-run costs in the following table. The price per unit of capital is $50 and per unit…

A: Given: Price per unit of capital=$50 Price per unit of labor=$30 The durable goods that are being…

Q: a large-scale producer selling a wide range of soft drinks. (a) Outline and explain the sources of…

A: Diseconomies of scale occur when a business grows so large that the costs per unit increase. It…

Q: t nces Output 0 1 2 3 $ 4 5 6 7 8 9 Total Cost $2,500 3,410 4,040 4,480 4,900 5,220 5,540 6,310…

A: Disclaimer- “Since you have asked multiple questions, we will solve the first three questions for…