Q 1 Q| TCFCTVCAVCATC | MC1001130275316545052506.330790What is the total variable costs (TVC or VC) for the 2nd unit?

Answer: The following formulas will be used: TVC=TC-FCAVC=TVCQATC=TCQMCn=TCn-TCn-1where,MCn=marginal…

Answered: TC FC TVC AVC ATC MC 100 1 130 75 3 165…

TC FC TVC AVC ATC MC 100 1 130 75 3 165 4 50 250 330 7 90 What is the total variable costs (TVC or VC) for the 2nd unit?

EBK HEALTH ECONOMICS AND POLICY

7th Edition

ISBN:9781337668279

Author:Henderson

Publisher:Henderson

Chapter4: Economic Evaluation In Health Care

Section: Chapter Questions

Problem 7QAP

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Question

Q 1

Q| TC
FC
TVC
AVC
ATC | MC
100
1
130
2
75
3
165
4
50
5
250
6.
330
7
90
What is the total variable costs (TVC or VC) for the 2nd unit?

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