Find the value of Y. Quantity Total Cost Fixed Cost Variable Cost Marginal Cost $1,000| $1,000 $5,000 8000 11300 10 $4,000|*** ** 25 40 Y 55 15050 19700 70 $1000 $2000 $4000 $7000
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- Quantity/Output Total Fixed Cost Average Fixed Cost Total Variable Cost Average Variable Cost Total Cost Average Total Cost Marginal Cost (units) (dollars) (dollars) (dollars) (dollars) (dollars) (dollars) (dollars) 0 $50 $0 10 $50 $20 25 $50 $40 45 $50 $60 60 $50 $80 70 $50 $100PRINT YOUR NAME (LAST) (FIRST) Aggregate Cost Data Unit Cost Data Average Average Average I Fixed Variable Total Cost TC Marginal Quantity Fixed Variable Total Change in I Cost of Output (FC) (VC) Cost ATC Cost Cost Total Cost (TC) (ATC) Plot MC at Output Cost Cost IFC VC $600 $ 0 $ 600 I XX XX XX XX $3.00 $300 50 100 600 300 900 I $6.00 $3.00 $9.00 100 1.00 150 200 600 400 | 3.00 2.00 5.00 50 .50 - 250 300 1050 I 2.00 1.50 1.00 350 400 1150 I 1.50 1.38 2.88 200 2.00 - 450 500 600 750 1350 I 1.20 1.50 550 600 600 1200 1800 3.00 10.00 - 650 700 2200 2800 I.85 3.15 PLOT THE APPROPRIATE DATA FROM THE PRECEDING TABLE ON THE GRAPHS ON P. 134 AND 135 BEFORE ANSWERING THE EIGHT QUESTIONS BELOW. QUESTIONS 5-8 ARE ON PAGE 136. 1. How is marginal cost (ATC/AQ) represented in your graph on page 134? 2. On your graph on page 135 Variable Cost per unit (VC/Q or average variable cost) is at a minimum at an output level of, units. 3. On your graph on page 135 Total Cost per unit (TC/Q or average…(d) Find the profit maximizing price. (e) Find the profit maximizing quantity. (f) Find the profit the firm will earn.
- Typed plz and asap please give me detailed solution and all Also take care of plagiarism alsoFind the value of X. Quantity Total Cost Fixed Cost Variable Cost Marginal Cost $5,000| $1,000 $1,000 $4,000 10 ***** **** 25 8000 40 11300 X 55 15050 19700 70 $220 $1000 $4000 $10,300difeerent between economic and economic scale
- Typed plz and asap Please give me quality solution want better rating I got many wrong answers previously please give quality solutionTyped plz and asap please I want quality answer so I can give better feedback I don't want any AI answer PleaseTyped plz and asap please provide me a quality solution and will give thumbs up for sure other wise if wrong answer I will give down vote from my friends also and take care of plagiarism thanks