2. The table below shows a car manufacturer's total cost of producing cars. Review the data provided and answer the questions that follow 国 Q TC TVC AVC AFC ATC MC $500,000 540,000 e 560,000 e 570,000 e 590,000 e 620,000 660,000 e 720,000- 800,0004 e 920,000 e 1,100,000 1 24 3e to 6 to ge 10 For each level of output, calculate the total variable cost [TVC], the average variable cost [AVC), the average fixed cost [AFC], the average total cost [ATC], and the marginal cost [MC]. Show the first calculation for each missing column of data. b. What is this manufacturer's fixed cost? Explain how you derived this. Create a single, well-labeled diagram that shows the manufacturer's AVC, ATC, and MC curves. a. С. 7.7
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- 2spring22 (1) - Protected View Saved to this PC - Search (Alt+Q) erences Mailings Review View Help der Advanced Threat Protection and it hasn't detected any threats. If you need to edit this file, click enable editing. Enable Editing 1- Refer to the information provided in Table1. The table sets out Sue's Surfboards' total product schedule. Answer the following questions. Table 1 Output (surfboards per week) 50 80 125 185 200 220 230 Labor (workers per week) 1 3. 4 7 Calculate the average product of labor b. Calculate the marginal product of labor Over what output range does Sue's Surfboards enjoy the benefits of increased specialization and the division of labor? a. C. d. Over what output range does Sue's Surfboards Experience diminishing marginal product of labor? 0n workers at $650 a week and its totalF a) Draw the demand process cycle and label it fully. b) A door company has the following materials in inventory. Inspect the table below and answer the following questions Material Average (in Kilograms) Price Aluminum 3884 $3.0 Steel 5850 $1.4 Iron 200 $1 Work in Progress Average Price Fence 78 230 Final Products Average Price Door 300 300 Window 550 240 i. Calculate the number of turns. ii. Calculate the cost per day.Complete the table below: Output TotalCost(RM) Totalvariablecost(RM) Totalfixedcost(RM)Averagefixedcost(RM)Averagetotalcost(RM)Marginalcost (RM) 0 505 16010 20020 25036 33058 40072 48088 580106 700130 820150 980
- Use the following table to calculate AVC - use previous calculations and keep your calculation for follow up questions: Total Output Total Cost TFC TVC AFC AVC ATC MC 0 $20 10 $40 20 $60 30 $90 40 $120 50 $180 60 $280 a. Total Output Total Cost AVC 0 $20 $20 10 $40 $2 20 $60 $2 30 $90 $2.33 40 $120 $2.5 50 $180 $3.20 60 $280 $4.33 b. Total Output Total Cost AVC 0 $20 $10 10 $40 $20 20 $60 $20 30 $90 $23.33 40 $120 $25.5 50 $180 $32 60 $280 $43.33 c. Total Output Total Cost AVC 0 $20 $2 10 $40 $2 20 $60 $2.33 30 $90 $2.5 40 $120 $3.20 50 $180…EGR 116 Project 2 Controlling Motor Speed Word References Mailings Review View Help Tell me what you want to do AaBbCcDdE AaBbCcL AaBbC AAB6CCI AaBbCc) A 1 Caption Emphasis Heading 1 1 Normal Strong Paragraph Styles Beaverduck Bus Company wants to compute the cost of adding a third daily bus between Eugene and Corvallis, Oregon. Comment on the following statement of Abby Abacus, the company's accountant: "If we add the third bus, our total cost would increase form $700 to $780. Therefore, the marginal cost of the third bus is $260 ($780 divided by 3)."Design a process chart for printing a short documenton a laser printer at an office. Unknown to you, the printerin the hallway is out of paper. The paper is located in a supplyroom at the other end of the hall. You wish to make five stapledcopies of the document once it is prin ted. The copier, located nextto the printer, has a sorter but no stapler. How could you makethe task more efficient with the existing equipment?
- Use the following table to ccalculate TVC - keep your calculation for follow up questions: Total Output Total Cost TFC TVC AFC AVC ATC MC 0 $20 10 $40 20 $60 30 $90 40 $120 50 $180 60 $280 a. Total Output Total Cost TVC 0 $20 $0 10 $40 $20 20 $60 $40 30 $90 $70 40 $120 $100 50 $180 $160 60 $280 $260 b. Total Output Total Cost TVC 0 $20 $20 10 $40 $20 20 $60 $40 30 $90 $70 40 $120 $100 50 $180 $160 60 $280 $260 c. Total Output Total Cost TVC 0 $20 $0 10 $40 $40 20 $60 $60 30 $90 $90 40 $120 $120 50 $180 $180 60 $280 $280 d.…DO D,E,F PARTS ASAP!!What are the similarities and differences betweenthe product and retail life cycles?
- Write a paragraph to explain to your CEO that based on using regression analysis, through using the solver tool of excel, recalculate the optimum units to produced this month is 800 pro 200 mini to have the maximize revenue of $174,400.00. Explain what/why would it be if you make any changes in the units to stay within the constraints that you have it would produce less money.A Homework (Ch 08) * Mind Tap - Cengage Learning catic/nb/ui/evo/index.html?deploymentld=58830023220612202193347127562&elSBN=97813376223498&id=9084911198&snapshotld=1937530& Q Search CENGAGE MINDTAP lomework (Ch 08) 5. Deriving the short-run supply curve Consider the perfectly competitive market for halogen lamps. The following graph shows the marginal cost (MC), average total cost (ATC), and average variable cost (AVC) curves for a typical firm in the industry. 80 72 64 56 48 ATCA 40 32 24 16 AVC MCO 8 16 QUANTITY OF OUTPUT (Thousands of lamps) 24 32 40 48 56 64 72 80 14 5 go 19 194 ho. pll fg DII DDI delete home enc $. & * 5 7. 8. 9. num %3D backspace lock { R. V D. PER UNT (Dollars)Teresa is a hard-working second-year university student. One Thursday, she decides to work nonstop until she has answered 100 practice problems for her physics course. She starts work at 8:00 AM and uses a table to keep track of her progress throughout the day. She notices that as she gets tired, it takes her longer to solve each problem. Time 8:00 AM 9:00 AM 10:00 AM 11:00 AM Noon Total Problems Answered 0 40 70 90 100 Use the table to answer the following questions. The marginal, or additional, gain from Teresa's second hour of work, from 9:00 AM to 10:00 AM, is The marginal gain from Teresa's fourth hour of work, from 11:00 AM to noon, is problems. problems. Later, the teaching assistant in Teresa's physics course gives her some advice. "Based on past experience," the teaching assistant says, "working on 35 problems raises a student's exam score by about the same amount as reading the textbook for 1 hour." For simplicity, assume students always cover the same number of pages during…