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 Estimate the Equilibrium Price and Quantity of Gasoline by Homework Help Classof1
Cover of the book Fractions in terms of LCM of Denominators by Homework Help Classof1
Cover of the book Competitive Analysis by Homework Help Classof1
Cover of the book The Difference Between the Weight of Chips by Homework Help Classof1
Cover of the book Radiocarbon Dating of Plants and Animals by Homework Help Classof1
Cover of the book Tangency Portfolio by Homework Help Classof1
Cover of the book Underlying Themes of the Short Stories by Homework Help Classof1
Cover of the book Compute Sustainable growth rate by Homework Help Classof1
Cover of the book Finding the Expected Value and Variance using Probability Distribution by Homework Help Classof1
Cover of the book Decision on Opening Gold Mine Using NPV Analysis by Homework Help Classof1
Cover of the book Find the Minimum Level of Significance by Homework Help Classof1
Cover of the book Find the Inverse Probability for Normal Distribution by Homework Help Classof1
Cover of the book Monopoly vs Perfect Competition by Homework Help Classof1
Cover of the book Trade-off Between Inflation and Unemployment by Homework Help Classof1
Cover of the book High Inherent risk 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