Chapter 14 Homework TOTAL COST (Dollars) 200 180 160 140 120 100 80 60 40 40 20 0 0 20 40 60 口 ㅁ Π 80 100 120 140 160 180 200 QUANTITY OF OUTPUT (Pizzas) Total Cost True or False: The shape of the production function reflects the law of diminishing marginal returns. True False

Q: Find the p-value if Z < -.90, alpha = 0.05 (one-tail, lower tail)

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Q: demand curve

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Q: Multivariable Unconstrained Optimization. Solve for the critical values and check for the…

A: Given information TR=P1Q1+P2Q2 TC=Q122+2Q1Q2+Q22 need to find maxima.

Q: Given EVM data, estimate the cost at completion of a project using the method "EAC based on combined…

A: Estimate at completion is the tool used by businesses to calculate the cost involved in the…

Q: An executive receives an annual salary of P400,000 and his secretary a salary P100,000 a year. A…

A: An executive receives an annual salary of P400,000 and his secretary a salary of P100,000 a year. A…

Q: All details solution step must be shown. Suppose the total cost in dollars of manufacturing q units…

A: To compute the cost of manufacturing 20 units and the cost of manufacturing the 20th unit, we can…

Q: A cost of production function is given as                                     C (n) = (n – 100)2 +…

A: a-b2=a2+b2-2ab

Q: Given: TR = 193Q -4Q^2 TC = 1/3Q^3-12Q^2+179Q+100 (A). Find Q to get maximum profit (B). Find…

A: Answer;

Q: impact of fixed and variable cost on break even analysis

A: Fixed and variable costs are the two costs that are considered to be an important costs that a firm…

Q: Your friend Claire has been designing her own hoodies and giving them as gifts to friends and…

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Q: Cost, revenue, and profit are in dollars and x is the number of units. A firm knows that its…

A: The marginal revenue (MR) measures the addition to the total revenue when one more output unit gets…

Q: Conduct the PESTLE analysis for the company "Under Armour".

A: A PESTLE analysis studies the key external factors (Political, Economic, social science,…

Q: A retail store estimates that weekly sales s and weekly advertising costs x (both in dollars) are…

A: Total Sales refer to the total quantity of goods or services that the producer or firms sells during…

Q: When the price is less than AVC (P<AVC), the company

A: Microeconomics deals with the minute considerations of an economy or the individual firm’s behaviour…

Q: Finf the AFC if the Total Fixed cost is 400 and the Output is 20?

A: Output is an amount of labor and products created in a particular time span (for example, a…

Q: Barrels of Oil Marginal Marginal Produced Revenue Cost 0 1 2 3 4 5 6 7 8 9 10 Consider the table…

A: The study and analysis of commercial issues impacting businesses using abstract economic concepts…

Q: Annual demand is 42,626 units/year. Ordering Cost is $52/order. Holding cost is $5/unit/year.   What…

A: The annual demand is 42,626 units/year The ordering cost is $52/order Holding cost is $5/unit/year

Q: Need now please

A: The answer is - e) None of the answers are right.

Q: Find net profit if total revenue is $1000 and total cost is 30% of Total revenue

A: The data presented in the question above is:- Total revenue = $1000 Total cost = 30% of total…

Q: 300 300 400 500 100 F

A: The formula for calculating the future value of a single payment series cash flow: F=P1+in Where is…

Q: A manufacturer of a new patented product has found that he can sell 70 units a week to the customer…

A: 3120 is the total revenue-40*78=3120.

Q: A certain task can be performed by the executive, working alone, in 4 hours. If he delegates the…

A: Costs can be categorized into fixed costs (remain constant regardless of production levels) and…

Q: How do the Modified Accelerated Cost Recovery System (MACRS) givetaxpayers a break?

A: The Modified Accelerated Cost Recovery System (MACRS) is a method used to determine the depreciation…

Q: he City is placed under Modified Enhanced Community Quarantine to contain the spread of the corona…

A: The guidelines are based on the current situation of transmission of the virus, coronavirus is the…

Q: Hilton Enterprises sells a product for $119 per unit. The variable cost is $68 per unit, while fixed…

A: Break-even analysis entails calculating and examining the margin of safety for an entity based on…

Q: In an order fulfillment facility, the shipping lead time is estimated to be 3-5 days from receiving…

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Q: Fixed cost is $2600, variable cost per unit is $100 and selling price is $60. Find Break Even Point…

A: Total revenue is the total amount received by the producer after selling all units of output. Total…

Q: Fixed cost Variable cost No. of cupcake Total cost (FC+VC)   $420 $2.10 1 $422.10…

A: (I) Graph of both functions on the same coordinate axes is shown below:

Q: Q VC AVC TC ATC MC $30 1 $40 $50 3 $80 4 $90 What are the fixed costs? If the firm can sell its…

A: To complete the table we need following formula Total cost = Fixed cost + Variable cost Average…

Q: CA fiscal year runs from Group of answer choices Oct 1, 2014- Sept 30, 2015 Apr 1, 2014 – Mar 31,…

A: The answer is - Apr 1, 2014 – Mar 31, 2015

Q: The table below shows national data for the economy of Westfall. Round your intermediate…

A: Inflation is the percentage in the value of the Wholesale Price Index on a year-to-year basis. It is…

Q: If the MPC is .75, then the multipier is 4.  True or false?

A: Given MPC = 0.75 Multiplier = 4

Q: tc(q)=4800+5q** find the ATC ATC=TC/q

A: TC= TFC+TVC where fixed cost is independent of output produced whereas variable cost varies with the…

Q: 40 Select ALL the tools that are used when conducting an industry analysis. SWOT Analysis Porter's 5…

A: In a market, an industry is considered as the group of firms that are producing same products using…

Q: The total cost a power plant ($/megawatts) to produce electricity is Y=12+1.3X+0.24 X2 , where X is…

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Q: PLS HELP ASAP ON BOTH

A: 1. SMART is an acronym that stands for Specific, Measurable, Achievable, Relevant, and Time-bound.…

Q: True/False Total cost can never be zero

A: # Total cost is given by the sum of total fixed cost and the total variable costs.  TC = TFC + TVC