Microeconomics
 👍
 👎
 👁
Respond to this Question
Similar Questions

economics
A profitmaximizing firm in a competitive market is currently producing 100 units of output. It has average revenue so $10, average total cost of $8 and fixed cost of $200. a. what is the profit? b. what is the marginal cost? c.

Microeconomics
A profitmaximizing firm in a competitive market is currently producing 100 units of output. It has average revenue of $10, average total cost of $8, and ficed costs of $200. What are the firm's profit, marginal cost, and average

Math
A company manufactirung snowboards has fixed costs of $200 per day and total cost of $3800 per day at a daily output of 20 boards. (A( Assuming that the total cost per day, C(x), is linearly related to the taotal out per dau,x,

Economics
Suppose Honda's total cost of producing 4 cars is $225,000 and its total cost of producing 5 cars is $250,000 a)What is the average total cost of producing 5 cars b)What is the marginal cost of the fifth car? c)Draw the marginal

math
A company produces x units of output at a total cost of 1/3 x^3 – 18x^2 + 160x. Output at which average cost is equal to marginal cost is:

math/economics in calculus
The average cost of manufacturing a quantity q of a good, is defined to be a(q) = C(q)/q. The average cost per item to produce q items is given by a(q) = 0.01q2 − 0.6q + 13, for q >0. I know that the total cost is

quantitative analysis
consider a manufacture whose total cost of producing x items is given by c(x) = 10000 + 5x+1/9x^2 a) what is the average cost function of A(x) = c(x)/x? b)how many items should the manufacturer produce in order to minimize average

math
Find the average cost function C associated with the following total cost function C. C(x) = 0.000007x3  0.06x2 + 110x + 76000 C(x) = ?? (a) What is the marginal average cost function C' ? C'(x) = ?? (b) Compute the following

ECONOMICS
suppose that the short run costs for a paintbrush manufacturer are given by the expression: TC= 100+2Q+.01 Q2 A. WAT ARE THE FIXED COSTS OF THIS MANUFACTURE? B. WHAT ARE THE TOTAL COSTS , AVERAGE COST, AVERAGE VARIABLE COST AND

calc
Suppose the total cost, C(q), of producing a quantity q of a product is given by the equation C(q) = 5000 + 5q The average cost per unit quantity, A(q), equals the total cost, C(q), divided by the quantity produced, q. Find the

Economics
The market for fertilizer is perfectly competitive. Firms in the market are producing output, but they are currently making economic losses. a. How does the price of fertilizer compare to the average total cost, the average

Managerial ECON
Suppose that a firm is currently employing 20 workers, the only variable input, at a wage rate of $60. The average product of labor is 30, the last worker added 12 units to total output, and total fixed cost is $3,600. a. What is
You can view more similar questions or ask a new question.