Total cost and total variable

  1. 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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  2. What is marginal cost?the cost of producing one more unit of a good total revenue plus total cost total revenue minus total cost
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  3. An industry currently has 100 firms, all of which have fixed costs of $16 and avg. variable cost as follows:Q Avg. Variable Cost
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  4. At an activity level of 8,800 units, Pember Corporation'stotal variable cost is $146,520 and its total fixed cost is $219,296.
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  5. 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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  6. For the total variable cost (TVC), draw a positive total fixed cost (TFC) and total cost (TC) curves. Then derive the associated
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  7. Suppose that a firm is currently employing 30 workers, the only variable input, at a wage rate of $60. The average product of
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  8. How does a firm calculate marginal cost?A. By adding up its variable costs and fixed costs B. By dividing the change in output
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  9. Number of Workers Output Total Cost Variable Cost Fixed Cost5 100 $130 $80 $50 10 180 $210 $160 $50 15 240 $290 $240 $50 20 280
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  10. 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
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