User Account

All Pages

Find the average variable cost

Assignment Help Econometrics
Reference no: EM13187298

Assume TC stands for Total Cost, TFC as Total Fixed Cost, TVC as Total Variable Cost, ATC as Average Total Cost, AFC as Average Fixed Cost, AVC as Average Variable Cost, and MC as Marginal Cost.

Unit
of
Output    TC    TFC    TVC   ATC    AFC    AVC      MC
-------------------------------------------------------------------------------------------------------

0            20
1                               1
2                                                                       3
3                                                             4
4                                       12
5            75
6                                                            16
7                                       24
8                                                                       86
9                             360

Reference no: EM13187298

Questions Cloud

What equation describes the goods market equilibrium : Given an economy that is described by the following equations: C=2,000+0.8(1-t)Y t=0.25 I=800-200i G=1200 L=0.2Y-100i M=45,000 P=150 What equation describes the goods market equilibrium
Explain the impact of time of exposure : Describe the impact of time of exposure on the amount of radiation you receive. If you are exposed for three times as long do you feel 1/3 the amount of radiation, three times the amount of radiation
Create-discuss arguments for and against living wage laws : By 2007, 145 cities and counties across the nation had enacted "living-wage bills," generally requiring those businesses that receive government contracts to pay wages higher than the legal minimum wage.
State what is the theoretical yield of hydrazine in grams : What is the theoretical yield of hydrazine in grams, prepared from the reaction of 100.0 mL of 0.690 M NH3
Find the average variable cost : Assume TC stands for Total Cost, TFC as Total Fixed Cost, TVC as Total Variable Cost, ATC as Average Total Cost, AFC as Average Fixed Cost, AVC as Average Variable Cost, and MC as Marginal Cost. Unit of Output TC TFC TVC ATC AFC AVC MC
State what is the partial pressure of nitrogen : what is the partial pressure of nitrogen in a container that contains 3.96mol of oxygen
Explain exhibits predominantly ionic bonding : Lithium fluoride(LiF) exhibits predominantly ionic bonding. THe Li+ and F- ions have elctron structures that are identical
Example was composed by a musician : The following example was composed by a musician whose career exemplifies the dominance of composers from Northern France and the Netherlands during the Renaissance.
How much ram do you desire if the price of ram falls : Suppose your designing your computer, with the same benefits from additional RAM described in the proceeding problem. How much RAM do you desire if the price of RAM falls to $50? 2,4,5, or 50. Suppose you are designed a new computer and want to mak..

Reviews

Write a Review

Econometrics Questions & Answers

  Find the optimal contract length

Suppose the marginal benefit of writing a contract is $100, independent of its length. Find the optimal contract length when the marginal cost of writing a contract of length L is: a. MC(L) = 30 + 4L. b. MC(L) = 40 + 5L.

  Efficiency difference in government bureaus and private firm

How do the government bureaus different from private companies discuss why is there good reason to believe that bureaucrats will seek to supply more than efficient level of their output in any year?

  Find the price charged by the new single firm

Suppose two firms 1 and 2 compete in quantities and face a demand curve p = 100 - q. Suppose firm 1 has a constant marginal cost of 10 while firm 2 has a constant marginal cost of 40. Suppose they produce quantities simultaneously. a.Find quantity..

  Find the general equilibrium value of the real interest rate

Find the general equilibrium values of the real interest rate, consumption, investment, and the price level.(b)Suppose the money supply increases to 2800. Find the general equilibrium values of the real interest rate, consumption, investment, and t..

  Find tr and mr

Quantity.Price .Total Revenue. Marginal Revenue 0 55 10   50    20   45   30   40   40   35   50   30 Please find TR and MR

  What is the new equilibrium exchange rate

Suppose the dollar interest rate and the pound sterling interest rate are the same, 5 percent per year. What is the relation between the current equilibrium $/£ exchange rate and its expected future level? Suppose the expected future $/£ exchange ..

  Find the conditional probabilities

Suppose a random experiment can be represented by 2 sets of events ,Ai and Bj, with each pair of sub events (A1 and A2, and B1, and B2) being mutually exclusive and collectively exhaustive.

  How many shoes and jeans will she buy

elizabeth M. suburbs makes $200 a week at her summer job and spends her entire weekly income on running shoes and designer jeans, because these are the only two items that provide utility to her.

  What is the mrsxy

If you used the uncompensated demand curve to calculate the change in consumer surplus, would your calculation be too high or too low?I. Provide a graph showing the initial outcome, the outcome after price change, the income effect, the substituti..

  What is the risk (standard deviation)

What is the risk (standard deviation) that this investment manager has assumed in his calculation if it is known that returns are normally distributed with a mean of 5.6%?

  What is the probability that a part of drawn at random

The weights of a population of parts made by a certain machine are normally distributed with a mean of ten pounds and a standard deviation of two pounds. What is the probability that a part of drawn at random from the machine weighs between 8 and..

  How many days per year use the car to justify purchase

A sales engineer has the following alternatives to consider in touring his sales territory. (a) Buy a new car for $14,500. Salvage value is expected to be about $5000 after 3 years. Maintenance and insurance cost is $1000 in the first year and inc..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd