Refer to the figure. What is the marginal cost of the 15th hour spent on this activity? (Round to the nearest tenth) Total Cost b n a= 122 b=82 c=56 x= 9 Z y = 15 z=19 Hours
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![Refer to the figure. What is the marginal cost of the 15th hour spent on this activity? (Round to the
nearest tenth)
Total Cost
E
b
n
Z
a=122 b= 82 c=56 x=9 y = 15 z = 19
Hours](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc89e3d02-174b-4f67-9f0a-33acd21f99f5%2Fca7e60d9-0f3a-4fdc-b18b-540ae53eba76%2Fcl7ep2e_processed.jpeg&w=3840&q=75)
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- How does fixed cost affect marginal cost? Why is this relationship important?Which costs are measured on per-unit basis: fixed costs, average cost, avenge variable cost, variable costs, and marginal cost?Compute the average total cost, average variable cost, and marginal cost of producing 50 and 72 haircuts. Draw the graph of line three curves between 60 and 72 haircuts.
- 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 980uestion 10 Your Answer: $ Answer 18 30 25 20 10 100 200 300 Based on the attached graph calculate the total cost if y = 300. units ATC AVC YCost (thousands of $) The graph shown on the right represents the cost C (in thousands of dollars) of refining x gallons of gasoline per hour (in thousands). The vertical axis represents the cost, and the horizontal axis represents the number of gallons of gasoline refined. Cost of refining gasoline per hour 1000- 800- 600- 400- Answer the following questions below in parts (a) through (d). 200 O 100 200 300 400 500 600 700 800 Number of Gallorns (thousands) (a) What is the cost of refining 200 thousand gallons of gasoline per hour? thousand
- 28 24 point A point E epoint F 20 point B 16 point C point D 4 12 16 20 24 product X 12 8. 4. product YF 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.pols Add-ons Help Last edit was seconds ago xt I UA Calibri 11 + 三 2 | 3 II | I 4 II| II6 4. Thanks to years of consistent contracts and an outstanding administration, Crestwood High School has formed one of the best teaching staffs in the State of Michigan. This staff has learned how to work seamlessly with each other and students. They are now able to effectively teach more students in every class than before. *Name the determinant: Automakers have introduced new heating lamps to their paint shops that allow them to dry layers of paint faster than ever before. These newly invented heaters use less energy and have greatly increased output. 5. *Name the determinant: 27°C Rain II 近
- It costs a baker a fixed cost of $420 and variable cost of $2.10 per cupcake. A cupcake is sold for $4.90 each. (iv) Write an algebraic expression representing the revenue R as a function of the number of cupcakes x sold.(v) Graph both functions on the same coordinate axes.(vi) From your graph find coordinatae at which cost equals revenue.(vii) Using your graph, determine how many cupcakes need to be made to produce revenue of at least $1,029. How much profit is made for this number of cupcakes?Find minimum and max and graph as wellIn the attached table, from 200 to 300 units of output, the average cost of production is in the short run. Question 35 a rising b C d Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. falling constant Output 0 indeterminant 100 200 300 400 Total Cost $5,000 $5,700 $6,300 $7,100 $8,000 □ Variable Cost $0 $700 $1,300 $2,100 $3,000
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