Q: asing cost industry" Please explaing in
A: An ‘increasing -cost industry’ occurs due to entry of new firms for the increase(↑) in demand(DD).…
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A: Formula where; D= annual demand S= Ordering cost H= Holding cost C= Per unit cost Here; Holding…
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Q: hen the production volume (Q)is(100)units and the total costs (TC)is (1500) omani RIyals and fixed…
A: Total cost TC = Fixed cost FC + Total Variable cost TVC
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A: A cost is basically the worth of money that has been spent to create something or supply a service…
Q: Q2. A company manufactures and sells wallets. The selling price is 54.90 AED per wallet. The total…
A: a) Cost function: C(x)=Ax+B Now, C(x)=50,000 ; x=2000 C(x)=32,120 ; x=800 Thus, 50,000=2000A+B…
Q: Total cost is given the be as $800 and average cost is $80 Calculate the output
A: Total cost is the sum total of fixed cost and variable cost. Average cost is calculated by dividing…
Q: Darrell owns a furniture store. His total costs are $225,000 per year, and his fixed costs are…
A: Total costs include all the costs that a firm incurs when producing a product. Fixed costs are the…
Q: VT Company's breakeven point is 4,000 units. It's product sells for $20 per unit and has a variable…
A: Total cost is a sum of fixed cost and variable cost. Fixed cost does not depend on quantity and…
Q: If explicit cost equals to $40000 and implicit cost $ 95,000 and the accounting profit is $23,000…
A:
Q: The difference between variable cost and fxed cost is that Select one: a. fixed cost is paid even…
A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…
Q: Refer to the information provided in Table below to answer the question that follow. Number of…
A: Total cost is the total expenditure incurred by the producer in the production process. Marginal…
Q: Given: TR = 193Q -4Q² TC = 1/3Q³-12Q²+179Q+100 (A). Find Q to get maximum TR (Notes: Use 3 digits…
A: Answer;
Q: PRICE MARGIN AL ТОТА AVER AGE WORKE AVER AGE MAR GINA OUTPU AVERA ТОТА MARG INAL Т (Total | (P)…
A: A production function uses the factors of production (like labour, capital, technology, raw…
Q: If output is 34 unit and total cost is $1300 Find average Cost
A: According to the question, the values given are:- Output = 34 units Total cost = $1300 We need to…
Q: A firm produces 5000 waterproof cellphone cases, which they sell for $30 each. They have $35,000 in…
A: Answer to the question is as follows:
Q: Output from a process contains 0.02 defective unit. Defective units that go undetectedinto i nal…
A: Given: The proportion of defective units from a process contains = 0.02 units The undetected units…
Q: Metters Cabinets, Inc., needs to choose a productionmethod for its new office shelf, the Maxistand.…
A: Profits for a producer are maximized where the total cost per unit of production is least . Total…
Q: Given the above information on cost, if you charge $15 per entry, what is the breakeven quantity of…
A: The measure that depicts the point total cost is in turn equal to the total revenue is known as the…
Q: Given the production and cost schedule for Laso Factory for tapes.Determine the average fixed cost…
A: Costs are the expenses that the firms have to incur in the production of goods and services. In the…
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Q: 14) Sophie Corporation recently produced and sold 107,000 units. Fixed costs at this level of…
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Q: Q.(i) . Selling Price :Rs. 12 Per Unit Variable Cost : 2/3 of SP Fixed Cost :Rs. 40,000 You are…
A: Hello. Since you have posted multiple questions and not specified which question needs to be solved,…
Q: Cost LRAC 40 30 20 10 100 200 400 800 Output a. What is the cost per unit when the firm produces: i.…
A: The cost of production is the cost incurred in the process of production in the economy by a firm.…
Q: The average cost is $13 and the output pro- duced is 10 units Calculate total cost
A: The information being given is:- Average cost = $13 Output = 10 units Total cost = ?
Q: Calculate the value of average cost of AFC is $70 and AVC is $67
A: According to the question, we are given that:- Average fixed cost = AFC = $70 Average variable cost…
Q: The lawn ranger , a landscaping company , has total costs of $5,000 and total fixed cost of $3000…
A: Given information: Total costs = $5000 Total fixed cost = $3000 TC = TFC+TVC 5000 =…
Q: Here's the table showing quantity and total cost Q - 0, 1, 2, 3, 4, 5 TC - 8, 9, 10, 11, 13, 19…
A: Given quantities: Q = 0, 1, 2, 3, 4, 5 Total Cost, TC = 8, 9, 10, 11, 13, 19
Q: Estimate the total cost of a house (from purchasing a lot to furnishing it) using the following…
A: The total cost is calculated as follows.
Q: yue cost Funct ou and price per unit functon of setling x vuit of calculators are c(x) =°0 1x²+…
A: Quantity times price function gives the revenue function. Marginal cost is the additional cost for…
Q: Costs ($) 800 TVC 500 450 300 0 1 2 3 4 5 6 7 8 9 10 11 12 Units of output 1. Refer to the figure,…
A: Total cost has two components one is varaiable and another one is fixed.
Q: If you know that total fixed cost is $400, total variable cost is $200, and total output is 4 units,…
A: Total fixed cost is the cost that does not change as the level of output changes. For example,…
Q: Refer to Table Cost.EX2. When production is 3 units, the firm's average total cost is about O No…
A: total cost is the total cost which is incurred by producer in producing goods and services , it…
Q: open Text, a nypotnetical firm in waterioo, has TFC of $200, TVC is $600, and TP iS 4 units, then:…
A: Total cost is determined when we add total fixed cost with total variable cost.
Q: The lawn ranger , a landscaping company , has total costs of $15,000 and total fixed cost of $13000…
A: The provided information are: Total costs = $5000 Total fixed cost = $3000
Q: Steve owns a bike store. His total costs are $1.2 million per year, his variable costs are $750,000,…
A: Total cost refers to all costs incurred by a firm in producing a certain level of output. Total cost…
Q: Total variable Total product Total cost cost AFC AVC ATC MC $ 80 110 190 150 230 180 260 *220 300…
A: Average cost represents the per unit cost of production. Marginal cost is the incremental cost of…
Q: Total Total revenue cost $1,200 1,000 800 600 400 200 100 320 440 Output
A: The overall cost incurred by a company to manufacture a certain quantity of a product or provide a…
Q: product costs $24002400 to develop (i.e. the start up costs) and $3535 to manufacture each product.…
A: *Answer:
Q: 2. Which one of the following is average total cost (ATC) if the output is 100 units and total cost…
A: Average cost or unit cost is equal to total cost divided by the number of units of a good produced…
Q: Cost LRAC 40 30 20 N 10 100 200 400 800 Output a. What is the cost per unit when the firm produces:…
A: Total Cost per unit of output is also called average cost. The figure shows long run run Average…
Q: What is the fixed cost? what is the AVC quantity of 10 quantity. Total cost 0.…
A: The total cost incurred by a firm operating in a market includes fixed costs and variable costs.…
Q: The difference between variable cost and fixed cost is that Select one: a. fixed cost is paid even…
A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…
Q: Horace Corporation, located in Hamilton, produces steel. When it produces 40 units of steel output,…
A: here we have different type of cost , so calculate and choose the correct option which are as…
Q: teve owns a bike store. His total costs are $1.2 million per year, his variable costs are $750,000,…
A: Total cost is the total expenditure done by the producer in operating business. Total cost is the…
Q: Windhoeh Manufacture Company bon a goveinment tender to manufacture nurse's uniform. Recently,…
A: Total cost: Total cost is the amount that includes all the expenses that are paid to produce a…
Q: What is the total cost of 2 units? Select an answer and submit. For keyboard navigation, use the…
A: Total cost is the sum of cost spent on purchase of both fixed and variable factors. As Average Total…
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- ATC, AAC, AVC, MC (/uni 270.00 24000 21000 180.00 150.00 120.00 10:00 60.00 30.00 0:00 02 4 6 8 10 12 14 16 18 20 22 24 26 28 30 32 34 Units of Output (0) Unit Cost Curves Refer to the graph above. The curves are not labeled. To help get this question right, you must first label the curves. An output level of 18 is identified with the dark vertical line. The shaded rectangular area (height times width) is the O average sunk cost. O total sunk cost O total avoidable fed cost. O total avoidable cost. O None of the aboveA cost function is given. C(q) = 3600 + 5q-0.02q² + 0.00039³ (a) Find the average cost and marginal cost functions. +5 -0.02q +0.0003q average cost 3600 9 marginal cost 5 -0.04q+0.0009q (b) Use graphs of the functions in part (a) to estimate the production level that minimizes the average cost. (Round your answer to the nearest integer.) 194 ✓ units (c) Use calculus to find the minimum average cost. (Round your answer to two decimal places.) $ 32.41 X (d) Find the minimum value of the marginal cost. (Round your answer to two decimal places.) $ 4.56What is the formulae used to find unit cost?
- The fixed overhead expense of a manufacturer of children’s toys is$400 per week, and other costs amount to $3 for each toy produced. Find (a) the total cost of function (b) the average cost function, and (c) the marginal cost function. (d) show that there is no absolute minimum average unit cost. (e) what is the smallest number of toys that must be produced so that the average cost per toy is less than $3.42? (f) Draw sketches of the graphs of the functions in (a), (b), and (c) on the same set of axes.Total cost and output are $3000 and 60 respectively Calculate average costTC 400+150Q-3Q2 +0.02Q3 400 Based on this equation, find total fixed cost calculate total fix cost -
- Your boss is the director of reporting for the Athens County Construction Agency (ACCA). It has been his job to track the cost of construction in Athens County. Twentyfive years ago, he created the ACCA Cost Index to track those costs. Costs during the first year of the index were $14 per square foot of constructed space (the index value was set at 100 for that first year). This year a survey of contractors revealed that costs were $70 per square foot. (a) What index number will your boss publish in his report for this year? (b) If the index value was 500 last year, what was the cost per square foot last year?What is the fundamental difference between estimating costs using a CER and a cost index?If explicit cost are $4400 and the accounting profit is $6000 Calculate the value of total revenue
- a) Determine the variable cost per unit and the fixed cost using the high-low method.b) What is the equation of the total mixed cost function?c) Prepare the scatter diagram and insert the trendline or line of best-fit. Use a scaleof 2 cm to represent 1,000 units on the x-axis & 2 cm to represent $50,000 on the yaxis.calculate and plot the following: No of Units Total Cost 0 5 1 9 2 12 3 15 4 20 5 30 6 42 a) Variable cost b) Fixed Cost c) Average Fixed Cost d) Average Variable Cost e) Maginal CostHow can we determine the Cost Basis?