Figure 12 Refer 10 Figure 12. At 100 units of output per day, average variable c

Question

Figure 12 Refer 10 Figure 12. At 100 units of output per day, average variable coal is: $6. $10. $16. $600. $1000. Refer to Figure 12. The marginal cost of the 100s unit of output (per day) is: $6. $10. $16. $600. $1000. FIGURE 13 Refer to Figure 13. At 100 units of output per day, average total cost will be: $10. $15. $16. $25. $30. Refer to Figure 13. At 250 units of output per day, total cost will be: $500. $1000. $1500. $2500. $4000. Refer to Figure 13. Total fixed cost (per day) is: $500. $1000. $1500. $2500. $4000. FIGURE 14 Refer to Figure 14. The total cost of producing 100 units of output is: $25. $20. $75. $30. $40

Explanation / Answer

27. a) $6 TC ($1600) - TFC ($1000) = TVC($600) / Q( 100) = AVC ($6) 28. a) $6 P(1600) - P(1000) / Q(100) - Q(0) = 600/100 = $6 29. e) $30 AFC + AVC = ATC $15 + $15 = $30 30. e) $4000 AFC + AVC = ATC x Q = TC $6 + $10 = $16 x 250 = $4000 31. c)$1500 AFC x Q = TFC $15 x 100 or $6 x 250 = $1500 32. e) $40 r*Q(C) + w*Q(L) = TC $2*10 + $1* 20 = $40 Sorry, I just realized that I switched back and forth between x and * for multiplication signs. Both are intended to be multiplication signs. Sorry for any inconvenience.

Related Questions

Navigate

• Browse (All)
• Browse F
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.