plzz explain it properly The data in the table is for a firm in which labour is the only. variable cost and each unit of labour costs the sameregardless of how many units are bought.Units ofTVCMCAVCLabourTPMPAP2$2410118100220345253018.815201612020171018.6181351510130 Refer to the information above to answer this question. As one reads down the MC column, what is the pattern in thenumbers?Select one:A. They rise until the fourth unit of labour used and then fall.B. They fall until the fourth unit of labour used and then rise,C. They continually rise.D. They rise until the fifth unit of labour used and then fall,E. They fall until the fifth unit of labour used and then rise.

Formulas used : TP = AP × Q MP = TPn - TP n-1 AVC = TVC / Q MC = TC n - TC n-1 Also this is given…

The data in the table is for a firm in which labour is the only. variable cost and each unit of labour costs the same regardless of how many units are bought. Units of TVC MC AVC Labour TP MP АР 2$ 24 10 1 100 2 20 3 45 25 4 30 18.8 15 20 6 120 20 7 10 18.6 135 9 15 10 130

The data in the table is for a firm in which labour is the only. variable cost and each unit of labour costs the same regardless of how many units are bought. Units of TVC MC AVC Labour TP MP АР 2$ 24 10 1 100 2 20 3 45 25 4 30 18.8 15 20 6 120 20 7 10 18.6 135 9 15 10 130

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

QEYD ET O SUAL 26 40 is any physical good, service, or idea that satisfies a want or need, plus anything that in the eyes of consumers, such as the brand name. caf Telman O CAVAB A sale A test A product A test marketing Активация Windows alki Növbəti Bütün suallar Qeyd olunanlar Cari Vaziyyət 82'F Sunny 4 a ) AZE 15:27 18.06.2021 TOSHIBA INS SCROLL LOCK DEL HOME
A T-shirt shop discovers that the WTP of its customers varies by time of day that they arrive at the shop. It conducts further research and gathers the data in the table. Then it decides to sell the T-shirts for $6 and $5 at different times of the day. What are the highest Sales $ that it can make this way? $ type your answer... Time of Day Evening WTP $5 Demand (Units) 100 Afternoon Morning $6 500 $7 50 Nav
If the shopper would assume that the value of the glutathione will upsurge on the upcoming days, it will result to Select one: a. Decrease in supply in the next period b. Decrease in demand in the next period c. Increase in supply in the current period d. Increase in demand in the current period
Please no written by hand Budget Selections to Build Demand As a commuter you have a budget of $250 to spend on gasoline each month. You drive a car that gets 20 miles per gallon (MPG). You can purchase 100 gallons of gasoline per month at the current price of $2.50 per gallon. Demand Schedule Price Quantity Commuting Errands Mp Social Activities Vacations $2.50 97.5 Drive Alone (700 miles) Small Trips as Needed (550 miles) Trips to City (350 miles) Out-of-State (350 miles) $3.00 Current price: $3.00/gallon Car Pool (425 miles) 2x per week (300 miles) Trips to Local Park (120 miles) In-State (200 miles) Add to schedule Previous $3.50 Public Transportation (60 miles) Next 1 Trip per Week (150 miles) Stay in Neighborhood (40 miles) > Stay-cation (50 miles) $4.00 QUANTITY 35 27.5 17.5 17.5 97.5 gallons Keynote $4.50 COST $105.00 $82.50 $52.50 $52.50 $292.50 of $250
How does oil play a role in the price of fertilizer?
Fill in the blanks using the number that corresponds to the correct word or phrase in the word bank 1. normal good 2. an increase 3. left 4. movement along 5. a decrease 6. demand shifter 7. right 8. inferior 9. shift 10. change in price A change in preferences that makes one good or service more popular will shift the demand curve to the A change that makes it less popular will shift the demand curve to the When the price of dunking doughnuts reduces, the demand curve for their coffee will shift If price of tea decreases, then the demand curve for coffee will shift For complement goods a decrease in price of one good leads to in the demand for another while for substitutes a reduction in price of one good leads to in the demand for the other. If the price of Tennis rackets falls the demand curve for tennis balls will shift If the price of Burger King reduces the demand curve for McDonalds will shift A good for which demand increases when income increases is called a good. A good for…
For most goods if a consumer's income increases his demand for the goods will do what?
QUESTION 20 1.00- mand 130 200 Quantity Refer to the diagram. What is the highest price that buyers will be willing and able to pay for 100 units of this product is: For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph 14px A v ... Arial O WORDS POWER Click Save and Submit to save and submit. Click Save All Answers to save all answers. DELL