What is the marginal cost associated with producing three units of the contral variable, O (identify point E in the tablej?36TotalTotalCosts Benefits BenefitNetMarginal Marginal Narginal NetBеnefitControlvariable BenefitsCostMB(0)MC (Q)MND (0)SeppedB(Q)C(0)90010080090010080021,7003008002006002,4006001,800700E40041,0002,0006004002003,5001,5002,0005005006001,8001,4003,9002,100D-2004,2004,4002,800300700-400200100800800-6004,5004,500900-800104,5005,500-1,0001,000-1,000Mutiple Choice50100200300

Marginal Cost can be defined as additional cost incurred due to production of one more unit of…

What is the marginal cost associated with praducing three units of the control variable, O (dentify point E in the tablej? 36 Control variable Benetita Total Conta C(0) Net Benefita Benefit N(Q) Total Marginal Marginal Marginal Net Benefit MND (O) Cost B(Q) MB (0) MC(0) epped 900 100 300 B00 900 800 100 B00 600 400 200 E 400 500 1,700 600 1,000 1,500 2,400 1,800 2,000 700 600 200 3,500 2,000 500 3,900 2,100 1,800 D 600 -200 4,200 2, 800 300 700 1,400 H00 400 -600 -800 4,400 200 B00 4,500 4,500 4,500 5,500 100 900 1,000 10 -1,000 -1,000 Mukiple Choice 50 100 200 300

What is the marginal cost associated with praducing three units of the control variable, O (dentify point E in the tablej? 36 Control variable Benetita Total Conta C(0) Net Benefita Benefit N(Q) Total Marginal Marginal Marginal Net Benefit MND (O) Cost B(Q) MB (0) MC(0) epped 900 100 300 B00 900 800 100 B00 600 400 200 E 400 500 1,700 600 1,000 1,500 2,400 1,800 2,000 700 600 200 3,500 2,000 500 3,900 2,100 1,800 D 600 -200 4,200 2, 800 300 700 1,400 H00 400 -600 -800 4,400 200 B00 4,500 4,500 4,500 5,500 100 900 1,000 10 -1,000 -1,000 Mukiple Choice 50 100 200 300

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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IceLess is an anti-icing solution sold in gallon plastic jugs. It is poured into the windshield washer bottle of your car. Wash your windshield and the solution prevents the glass from icing over for about four hours. Production incurs the following fixed and variable costs. It is priced initially at $5.50 per gallon. 1. Fixed costs (per year) Rent Utilities Managerial salaries Flammability permit Other fixed expense Total fixed $18000 13200 20000 12000 2400 $65600 Variable Costs per gallon Glycol FreezeFree 312 Mfg labor Packaging Inert ingredients Advertising Total $1.50 .50 .20 .20 .60 .30 $3.30 What is the annual breakeven production quantity (use above data, show work)? 2. What revenue would the sale of the breakeven quantity for $5.50 per gallon generate? 3. The production department says 29000 gallons is its maximum production capability. Management insists on earning $94400 above fixed costs. All costs are as given initially. What price must be charged per gallon if only 29000…
(d) I'd like to know how to cpmpute producer surplus. Thanks.
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I need this fully broken down for me Like How we get B(y) and C(y) to turn into Marginal Benefit (MB) and Marginal Cost (MC) and so on and so fourth. Typed plzzzz And Asap
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QUESTION 29 PRODUCT product X b) product Y product Z 153 1988 price: $2.00 2,000 O c) 1.2 O d) 150 O e) 200 quantity: price: $1.00 1,000 quantity: price: quantity: $5.00 1,000 1989 $4.00 2.500 $1.00 1,500 $4.00 1,000 YEAR 1990 $6.00 2.000 $1.00 2,500 29. Given the data in the above table, what is the price index for 1991, using 1988 as the base year and using the 1988 consumption pattern (market basket)? O a) 100 $2.00 1,000 1991 $8.00 1.500 $1.00 3,000 $3.00 1,000