What is relationship between total revenue (TR) and total variable cost (VC) if the price is between AVC and ATC (does TR covers part of VC, All VC or all VC and part of foxed cost)?
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- What is relationship between total revenue (TR) and total variable cost (VC) if the
price is betweenAVC andATC (does TR covers part of VC, All VC or all VC and part of foxed cost)?
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- What is relationship between total revenue (TR) and total variable cost (VC) if the price is less than AVC (is TR greater, less, or equal to VC)?What is relationship between total revenue (TR) and total variable cost (VC) if the price is equal to the AVC (tangent to the minimum AVC), (is TR greater, less, or equal to VC)? What do we call this point?Could you show the profit and loss on the graph. Furthermore, the figures for cost you posted were incorrect as they are not dropdown options.
- Assume the cost of making 30 belts $800 the cost of makin 35 belts $900 and the cost equation is linear. The belts are sold for$ 27 each. a)find the marginal cost b)find a linear equation in slope-intercept, form that represent the total Cost of making will c) What is the fixed cost? d) find a profit in slope- intercept that will represent the profit if x belt are made and sold? e) Find the break even point?What is relationship between total revenue (TR) and total cost (TC) if the price is equal (tangent to the minimum) to ATC (is TR greater, less, or equal to TC)? What do we call this point?What is the relationship between the firm,total revenue,total profit and total cost
- Calculate, Find and Fill up the missing cost from the given table Write your calculation in the answer box each unit in a different line Your answer should be written as the below arrangement: Unit 1: TC = ?, Unit 2: TVC = ?, TC = ?, AFC = ?, AVC = ?, ATC = ? Unit 3: TC = ?, MC = ?, AVC = ?, ATC = ? Unit 4: TVC = ?, MC = ?, AFC = ?, AVC = ?, ATC = ? Unit 5: TVC = ?, TC = ?, MC = ?, AFC = ?, AVC = ?Given that the variable cost is $25 per customer, with a fixed cost of $200, he needs to fnd which price maximizes, therefore my question is how do I find what amount he earns if profit is maximized.Given the quantity produced (Q), Total fixed cost (TFC) and Total Cost (TC), (1) calculate Total Variable cost (TVC) and (2) Draw Total cost (TC) curve Quantity (Q) Total fixed cost (TFC) Total Variable cost (TVC) Total Cost (TC) 160 160 160 1 240 160 2 320 160 3 400 160 4 480 160 560 160 6. 640 160 7 720
- he fixed costs for a certain item are $205 per week. The fixed cost is the y-intercept. The cost to produce each item is $4 per item.Using this information, what is the cost equation? Give your answer in slope-intercept form:y= The retailer intends to sell each item for $15/item.Using this information, what is the revenue equation? Revenue is the amount of money the retailer gets. Give your answer in slope-intercept form:y= f 21 items are made, what is the total cost to the retailer? What is the revenue from selling 21 items? Finally, what profit did the retailer make when they sell 21 items? Note: Profit = Revenue - Cost.How can I construct a cost curve for ATC, AVC, MCWhat is the total revenue when output is 1, total cost is 35, marginal cost is 10, fixed cost is 25, average cost is 35.
