Short Run Cost Function

Nonfiction, Social & Cultural Studies, Social Science, Statistics
Cover of the book Short Run Cost Function by Homework Help Classof1, Classof1
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Homework Help Classof1 ISBN: 1230000148131
Publisher: Classof1 Publication: July 4, 2013
Imprint: Language: English
Author: Homework Help Classof1
ISBN: 1230000148131
Publisher: Classof1
Publication: July 4, 2013
Imprint:
Language: English

The short-run cost function of a company is given by the equation TC=200+55q, where TC is the total cost and q is the total quantity of output, both measured in thousands.
(a) What is the company’s fixed
(b) If the company produced 100,000 units of goods, what is its average variable cost?
(c) What is its marginal cost per unit produced?
(d) What is its average fixed cost?

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

The short-run cost function of a company is given by the equation TC=200+55q, where TC is the total cost and q is the total quantity of output, both measured in thousands.
(a) What is the company’s fixed
(b) If the company produced 100,000 units of goods, what is its average variable cost?
(c) What is its marginal cost per unit produced?
(d) What is its average fixed cost?

More books from Classof1

Cover of the book Calculation of Probabilities Using Binomial Distribution by Homework Help Classof1
Cover of the book Essay about Deviant/Criminal Behavior and Race/Ethnicity. by Homework Help Classof1
Cover of the book Finding Unknow Variable From Given Cost Function. by Homework Help Classof1
Cover of the book Microbiology Virus and Fungi by Homework Help Classof1
Cover of the book Calculating the Various Aspects of Game Theory by Homework Help Classof1
Cover of the book Group of Homomorphism of Normal Subgroup is Normal by Homework Help Classof1
Cover of the book Determination of Safety Stock by Homework Help Classof1
Cover of the book Generic Strategies of Home Depot by Homework Help Classof1
Cover of the book Trends in Business Communication by Homework Help Classof1
Cover of the book Preparation of Vertical Analysis of Income Statement by Homework Help Classof1
Cover of the book Solve the given LP problem to maximize the Revenue using Excel Solver by Homework Help Classof1
Cover of the book Inorganic Chemistry Periodicity in Ionization by Homework Help Classof1
Cover of the book Sound Minimum Intensities by Homework Help Classof1
Cover of the book True or False questions in Marketing Research. by Homework Help Classof1
Cover of the book Hypothesis Test Using Paired Observations by Homework Help Classof1
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy