Find price, quantity, and profit. Fixed cost: 300 MR = 64-4q mc= 4q p=64-2q

Q: Total fixed cost is $300 and total variable cost is $700 Calculate total cost

A: The given information is as follows:- Total fixed cost = $300 Total variable cost = $700 We have to…

Q: For a juice shop the accounting profit is $780 and the explicit cost is $300 Calculate the total…

A: here we calculate the Total revenue by using the accounting profit and explicit cost so the…

Q: If you were a taxi driver, the daily revenue and cost are as the following: Revenue: $250 Variable…

A: For the profit maximization process, so as to operate the business today, variable cost has to be…

Q: Company X has monthly fixed costs of $150,000 and a unit variable cost of $50. How many units do…

A: The breakeven point in units shows the level of production or sales at which a business's total…

Q: Fill in the missing values for total fixed cost, total variable cost, and total cost in the table…

A: Here, the given table provides information about total fixed cost, total variable cost and total…

Q: Find economic profit if total revenue is $4000 , explicit cost is $700 and implicit cost is $500

A: The data presented in the question above is:- Total revenue = $4000 Explicit cost = $700 Implicit…

Q: You have a price of $5 per unit. Your total variable costs are $1 per unit and your fixed costs are…

A: break-even is at TR=TC TR=P*Q P=5 and Q=? TR=5Q

Q: It costs a publishing company 50,000 dollars to make books. The 50,000 is a fixed cost. To help the…

A: Given; Fixed cost= $50000 Marketing cost of selling each book= $4 Price of 1 book= $9

Q: A company sells a product for $34 each. The variable costs are $16 per unit and fixed costs are…

A: Selling Price=$34Variable cost=$16Fixed cost=$14562The break-even point refers to the level of sales…

Q: Calculate the value of total revenue if profit is $3000 and total cost is $1800

A: According to the above given question,we have the values:- Total cost = $1800  Profits = $3000 Using…

Q: Melvin manufactures a single product. Total cost per unit is $70 when production is 100 units per…

A: Total cost per unit if production is 100 units per week = $70 Total cost of 100 units per week =…

Q: TC = 81 + 16Q + 3Q2 What is the average variable cost when 10 units are produced?

A: Total cost is sum of fixed cost and variable cost. Fixed cost is the cost which is not dependent on…

Q: Identify a fixed cost

A: A fixed cost is referred to as the cost which would not change due to an increase or decrease in the…

Q: Total cost is 1200.output is 20.fixed cost is 1000.what is variable cost?

A: The concept of total cost is used in practically all business units. The main advantage of using the…

Q: The Cost and revenue funchon of a firm is given as /C=18+7Q+iOQ²+5Q3 and P = 1500Qt 3Q" ⑦Identify…

A: The cost function will include the fixed cost and variable costs. It will be shown as TC = FC + VC…

Q: swered Costs per Unit (dollars) 1000 900 800 700 600 500 400 300 200 100 0 4 Average total cost B…

A: In perfect competition, There exists a large number of buyers and sellers. The firm will produce…

Q: If explicit cost is $300, implicit cost Is $220 and total revenue is $700  Find Economic profit

A: The information being given is:- Explicit cost = $300  Implicit cost = $220 Total revenue = $700 We…

Q: Calculate average fixed cost if TFC is $350 and output is 50

A: The data presented in the above question is:- Total fixed cost = $350 Output produced = 50 units…

Q: Calculate the value of profit when total revenue is $450 and total cost is $320

A: We are given that:- Total revenue = $450  Total cost = $320 We need to calculate the total profit of…

Q: the total cost is constant and the total revenue will increase, Explain

A: If price and total revenue both increaased in the market then the demand for the good is inelastic…

Q: Output Total Fixed Cost (TFC) Total Variable Cost (TVC) Total Cost (TC) Average Fixed Cost (AFC)…

A: Total cost is the sum of fixed cost and variable cost.=> TC = FC + VC Fixed cost is the cost that…

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: The lerner index is 0.3, find the markup over marginal cost.

A: Lerner index is used to measure the monopoly power in the market . And it is positively related with…

Q: TC = 177 +30Q + 2Q² What is the average variable cost when 9 units are produced? Enter as a value.

A: TC = 177 + 30Q + 2Q2 Since Total cost = Total variable cost + Total fixed cost Total Fixed cost is…

Q: The publisher of a new book figures fixed costs at $92,000 and variable costs at $2.10 for each book…

A: At the breakeven level of production, the firm will be exactly covering its total cost with the…

Q: TC = 75 +22Q + 2Q² What is the average variable cost when 15 units are produced? Enter as a value.

A: Given, TC = 75 + 22Q + 2Q2 Units produced(Q) = 15 units

Q: The profit of a firm during the  financial year  is $1200 and cost incurred  is $600. Find the…

A: Mark-up (over cost) = (Profit / Cost) x 100%

Q: Find average fixed cost if TFC is 250 and Output is 15 units

A: Information being given to us is:- Total fixed cost = $250 Output = 15 units  We have to calculate…

Q: A company produces and sells a consumer product and is able to control the demand for the product by…

A: p=$200-0.05D Now,Total Revenue for the company TR=PD=$200-0.05D Now,Marginal Revenue for the company…

Q: The table below shows the monthly cost of producing vintage model cars for collectors. Instructions:…

A: Average Total Cost (AC): Average total cost is the ratio of total cost and units that the firm is…