Solve it correctly Q)Transtech sells its product for $100. Marginal cost is a constant $70 per unit and fixed costs are 70,500    what is the breakeven quantity? please specify your answer as an integer   what is the breakeven revenue ? please specify your answer as an integer

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: Marginal and Total Costs Quantity Total Marginal (Q) Cost Cost (TC) (MC) 0 15 1 25 2 70 30 3 4 40 5…

A: Total cost refers to the cost of production a firm incurs at different levels of output.Marginal…

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

Q: Your last submission is used for your score. 1. Need Help? Read It عيمي Burnem Inc. manufactures…

A: 1.) Substitute y= $408, 200 to the equation.                                   y = 653,000 - 1800x…

Q: Q1 It costs a baker a fixed cost of $420 and variable cost of $2.10 per cupcake.A cupcake is sold…

A: According to guidelines, first 3 subparts needs to be solved. Profit maximisation is done by…

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A: If the ATC of 20th unit is $35, then

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A: Given: Revenue function  R(x)=-x2+10xCost functionC(x)=4x+5

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A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…

Q: 2. What is the relationship between the total cost curve, and the average cost per unit? Explain…

A: The graphical depiction of the relationship between the cost of production and the quantity of…

Q: Bags/ variable average Participants fixed cost cost total cost variable cost cost marginal total…

A: Calculations Average Variable Cost (AVC): AVC=Variable Cost/(Bags/ Participants)​Marginal Cost (MC):…

Q: Point F indicates _____? A) where the cost per unit is at a minimum; B) where the AVC is at a…

A: The graph in the question shows cost curves where curve ending with point A is Marginal cost (MC)…

Q: The young great and super Expert Hand written solution is not allowed

A: Detailed explanation: Understanding the Graph: The graph likely represents the cost and revenue…

Q: 5) If Hilltop Turf Farm's total cost of producing acres of sod is TC= 0.20- 1200 - 5,000, the…

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…

Q: uppose a company has fixed costs of $2100 and variable costs per unit 600-dollars per unit. (a) Find…

A: Fixed cost is an expense that does not change when the amount of goods is sold. Variable cost is an…

Q: (b) The total revenue curve of a firm is R(q) = 40q – 12q² and its q- 12.85q + 20 + 30 400 where q…

A: i). Firm’s total cost function:

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A: Total cost = Total fixed cost + Total variable cost Total revenue = Price * Quantity

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Q: 6. If the Marginal Cost for a product is found to be MC : as MR = 1200 and the cost of 8 units is…

A: d) For the output which maximizes the profit would be where MR=MC So,1200=8x+601140=8xx=142.5…

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…

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Q: Quantity (Q) 1 234 5 6 7 Tot Fix Сс (TF 50 50 50 50 50 50 50

A: Total fixed cost doesn't depend on output. It remains fixed at each level of output. Total variable…

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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…

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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: Refer to Figure 2. In equilibrium, profits are equal to $0 a. b. C. d. $1300 $1200 $5000

A: A profit-maximizing firm produces at the intersection of MR and MC curves to maximize profit.  i.e.,…

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A: Answer- Need to find- Determine by integration the total cost, the total revenue , the break even…

Q: A firm producing 1000 units at a total cost of $5000, if it were to increase production to 1001…

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Q: (a) Marginal productivity of labor (b) Average productivity of labor (c) (d) Elasticity of…

A: No of workers (L) No of units (TP) MPL APL elasticity of production 0 0 - - - 1 10 10 10 1 2…

Q: Suppose that a company that makes and sells hand-crafted artwork has a cost function C(x) = 24x +…

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Q: Problem 4. The marginal cost C" for a product as a function of the number of units produced q is…

A: Fixed Cost = 5000MC is depicted in graph below ,

Q: A marginal cost function C' (q) is given in the figure below. If the fixed costs are $12,000,…

A: Step 1:(a) Consider the given figure. The given figure represents a marginal cost function C′(q).…

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: Refer to the table below: Quantity (Bushels) (Q) 0 1 2 3 4 5 6 7 8 9 10 Total Revenue (TR) $0.00…

A: Profit maximisation refers to the process business firms undergo to ensure the best output and price…