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Total cost and total variable
A firm has fixed costs of $30.00 and variable costs as indicated in the table below. Complete the table.
Instructions: Round your
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Anonymous
1,782 views
What is marginal cost?
the cost of producing one more unit of a good total revenue plus total cost total revenue minus total cost
1 answer
45 views
An industry currently has 100 firms, all of which have fixed costs of $16 and avg. variable cost as follows:
Q Avg. Variable Cost
5 answers
asked by
Maggie
17,961 views
At an activity level of 8,800 units, Pember Corporation's
total variable cost is $146,520 and its total fixed cost is $219,296.
1 answer
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Victoria
1,492 views
A company is producing 100 units. At this quanity, it's average total cost is $25, and it's total fixed cost is $2,000. How much
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asked by
Russ
590 views
For the total variable cost (TVC), draw a positive total fixed cost (TFC) and total cost (TC) curves. Then derive the associated
2 answers
asked by
Daca
704 views
Suppose that a firm is currently employing 30 workers, the only variable input, at a wage rate of $60. The average product of
1 answer
asked by
stacey
708 views
How does a firm calculate marginal cost?
A. By adding up its variable costs and fixed costs B. By dividing the change in output
1 answer
asked by
M
97 views
Number of Workers Output Total Cost Variable Cost Fixed Cost
5 100 $130 $80 $50 10 180 $210 $160 $50 15 240 $290 $240 $50 20 280
1 answer
63 views
Use the table to answer the question.
Number of Workers Output Total Cost Variable Cost Fixed Cost 5 100 $130 $80 $50 10 180 $210
1 answer
109 views