From the following data, equations for P=f(Q), ATC=f(Q,Q^2), AVC=f(Q, Q^2), MC=f(Q,Q^2) are to be determined. Q = 0, 10, 20, 30, 40,50, 60, 70, 80, 90, 100 P= $215, $208, $201, $194, $187, $180, $173, $166, $159, $152, $145, TC= $2,700; $4,062.50; $5,180; $6,157.50; $7,100; $8,112.50; $9,300; $10,767.50; $12,620; $14,962.50; $17,900 How do I proceed in determining equations for P=f(Q), ATC=f(Q,Q^2), AVC=f(Q, Q^2), MC=f(Q,Q^2)?

From the following data, equations for P=f(Q), ATC=f(Q,Q^2), AVC=f(Q, Q^2), MC=f(Q,Q^2) are to be determined. Q = 0, 10, 20, 30, 40,50, 60, 70, 80, 90, 100 P= $215, $208, $201, $194, $187, $180, $173, $166, $159, $152, $145, TC= $2,700; $4,062.50; $5,180; $6,157.50; $7,100; $8,112.50; $9,300; $10,767.50; $12,620; $14,962.50; $17,900 How do I proceed in determining equations for P=f(Q), ATC=f(Q,Q^2), AVC=f(Q, Q^2), MC=f(Q,Q^2)?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Similar questions

Suppose an investor plans to make monthly deposits into an account that pays 9% interest, compounded monthly, so that $100,000 will be in the account immediately after the payment at the end of Year 10. The first payment will occur at the end of Month 1 (one month from the present). How much must be deposited monthly? Group of answer choices A = F (F/A,0.75%,120) = $100,000 (193.517) = $19,351,700 per month A = F (A/F,0.75%,10) = $100,000 (0.0967) = $9,670 per month A = F (A/F,0.75%,120) = $100,000 (0.00517) = $517 per month A = F (A/F,9%,10) = $100,000 (0.0658) = $6,580 per month
You purchased a bond with a face value of $5,000 five years ago for $4,750. The bond pays a coupon rate of 4%, paid every 2 months (6 times a year). If you want an annual yield of 6% from the bond, how much should you sell the bond for now? Question 6 Part B: Identify the correct Function Notation for this scenario.
it costs $30,000 to retrofit the gasoline pumps at a certain filling station so the pumps can dispense E85 fuel (85% ethanol and 15% gasoline). If the station makes a profit of $0.08 per gallon from selling E85 and sells an average of $20,000 gallons of E85 per month, how many months will it take for the owner to recoup her $30,000 investment in the retrofitted pumps? the interest rate is 1% per month? Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
A quick response will be appreciated
When you take your job, you decide to start saving for your retirement. You put $5,000/yr into the co’s plan, which averages 8% interest/yr. Five yrs later, you move to another job and start a new plan. You never get around to merging the funds, if the 1st plan continued to earn interest at the rate of 8%/yr for 35 yrs after you stopped making contributions, how much is the account worth?
If the interest rate is R = 0.10, (approximately) what is the Present Value of $79.20 to be received one year from today? Group of answer choices A) None of the other options. B) $71.28 C) $72 D) $72.90 E) $70.20
You plan to invest $3,500 per year for 39 years into an IRA. What will the value of the IRA be after 39 years if the interest rate is 9% per year? Your answer may vary due to rounding. A) $1,081,733 B) $37,539 C) $148,785 D) $1,182,589
None
You are a Vice President of Finance for a small waste disposal company who has just been fined $500,000.00. You believe you will need the money in six years, currently money market rates are paying 2.00% . How much do you need to invest at 2.00% to each year to have the money available in six years? $83,569.69 $76,124.29 $79,262.91 $78,159.39
I want to be earning an annual salary of $100,000 when I retire in 14 years. I have been offered a job that guarantees an annual salary increase of 4% per year, and the starting salary is negotiable. What is the lowest salary that I should request in order to meet my goal? (Round your answer to the nearest cent.)
How much money should be deposited each year for 12 years if you wish to withdraw $309 each year for five years, beginning at the end of the 14th year? Let i = 8% per year. Click the icon to view the interest and annuity table for discrete compounding when i = 8% per year. To withdraw the required amounts in the future, $ nearest cent.) should be deposited each year for 12 years. (Round to the
Monique borrowed $1,118 for 12 weeks at a simple interest rate of 834%. How much money does she need to pay off the loan? Group of answer choices $1,173.90 $2,257.50 $1,140.58 $1,095.42 $2,291.90