For a given commodity, the line haul cost is $13 per mile. For a trip of 200 milesand a shipment of 300 lbs., what is the cost per pound? If the shipment is increasedto 500 lbs., what is the saving in cost per pound?

Q: If AFC is $9 at an output of 100 units, and ATC s $11 at the same output, it follows that: TVC is…

A: there are mainly two type cost , Fixed Cost and Variable cost , Average cost is the per unit cost…

Q: Engle sells chess sandwiches. The cost of ingredients (bread, meat, spices, etc.) to make a sandwich…

A: Total cost is the sum of total fixed cost and total variable cost.  Average cost is given as the…

Q: A bookstore expects to sell 100 calculus textbooks during the next year. It costs $3.20 to store one…

A: The cost of inventory includes the cost of purchased merchandise, less discounts that are taken,…

Q: Consider the following cost information for a pizzeria: Quantity Total Cost Variable Cost 0 dozen p

A: Fixed Cost: In a firm, there are two types of costs exists that is a fixed cost and variable cost.…

Q: A fast food restaurant can produce a hamburger for $1.15. If the restaurant's daily sales are…

A: Given that, The increasing rate of Hamburgers = 30/day Cost of one Hamburgers = $1.15 The daily cost…

Q: the cost of an imported high-speed assembly-line robot is $80,000 and the in-country cost for one…

A: The cost estimating relations uses to predicting the cost with the help of design variables. The…

Q: a. Does price equal or exceed average variable cost for the first 50 units? |(Click to select) ♥…

A: a.  Variable cost for 50 units = VC × Quantity = 17.50 × 50 = 875 Average variable cost = VC / Qty =…

Q: The total cost (in dollars) of manufacturing x auto body frames is C(x)= 70,000 + 800x. (A) Find the…

A: Answer to the question is as follows:

Q: Bags/Participants Fixed Cost Variable Cost Total Cost 0. $1,700 $- $1,700 100 $1,700 $500 $2,200 200…

A: At breakeven point there is no profit or loss. At breakeven point, total revenue is equal to total…

Q: hy is it important for managers to avoid confusing incremental costs with average costs?

A: Incremental Cost :- The incremental cost represents the cumulative amount of money spent on an extra…

Q: Your local pet café has the following costs: $3,000 per month in rent, $5,000 per month in wages,…

A: Firms operating in a market incur fixed costs and variable costs. Fixed costs are the costs that do…

Q: Paccar Winch makes winch components for its different product lines. The firm operates its…

A: Given that,

Q: Vipsana's Gyros House sells gyros. The cost of ingredients (pita, meat, spices, etc.) to make a gyro…

A: Fixed cost is independent of output produced.

Q: (a) Find the number of hours for which each cost function will give the same cost. hours (b) !f the…

A: Fron the provided data, Acme (x); 140+10x Bell (x);200+4x

Q: H.W 7/ For the following data: Fixed cost = 100,000 ID Variable cost per unit = 300 ID Selling price…

A: Break-even point (BEP) is that point where the firm is making zero economic profits, i.e. where the…

Q: Is a type of cost which does not vary with the unit of production and will remain constant…

A: Cost refers to the money involved in producing the goods and services by the producers. They include…

Q: Labor Capital (machines) Technique (hours) A 10 35 B 25 25 C 10 60 D 30 20 sing the data in the…

A: Labor and capital are the variable inputs that are used in production of good. The table shows the…

Q: A local nursery, Greens, uses 1,780 bags of plant food annually. Greens works 52 weeks per year. It…

A: Please find the answer below.   ECONOMIC ORDER QUANTITY (EOQ): Economic order quantity (EOQ) is the…

Q: If the total revenue is 184 units in the total profit is 132 units find the total cost?

A:

Q: Carlota Music Company estimates that the marginal cost of manufacturing its Professional Series…

A: As given marginal cost is C'(X) = 0.02X +100 and Fixed cost = $4000/ month

Q: | cost of producing 590 gadgets is --- the average total cos adgets.

A: The average total cost of producing 590 gadgets and the average total cost of producing 510 gadgets.…

Q: The difference between variable cost and fixed cost is that Select one: a fixed cost is paid even…

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…

Q: When the production volume (Q)is 50 units the total costs (TC)is (1500)omani RIyals and fixed costs…

A: Total cost TC = 1500  Fixed cost FC = 900  Varibale cost = Total cost - fixed cost

Q: ompute for the missing values in the table. Show your solutions below. Quantity of Variable INPUT…

A: Total product is the total output produced. Marginal product refers to change in total product from…

Q: If Mark produces five pairs of shoes, his total costs are   a. $400 b. $370 c. $360 d. $320

A: Total cost is the sum of fixed cost and variable cost.

Q: The total cost to produce hundred motors bikes is $1000. Calculate the average cost of producing the…

A: Given information: Total number of motorbikes = 100  Total cost of production = $1000

Q: Quilts alters, reconstructs and restores heirloom quilts. Cassie has just spent $800 purchasing,…

A: The marginal cost represents the change in the total cost of production that results in one new unit…

Q: A purchaser just paid $32,552.94 for a pickup truck. If 48% was the seller's markup, based on the…

A: Let C be cost and S be selling price. Then, Mark-up on selling price = (S - C) / S (S - C) / S =…

Q: A publisher plans to sell 200,000 copies of textbook in a year. If it costs $3750 to set up a…

A: Given the information: Plan to sell copies = 200000 Cost to set-up printing = $3750 Cost to print a…

Q: How to calculate the Average cost of producing 1, 2,...15

A: average cost = C/Q = 1000 + 100*Q for every Q we first calculate the C by using the formula C=1000+…

Q: irs of shoes their total cost is $500. Elliot's arginal cost to produce the 31st pair of shoes is 1.…

A: Average total cost = total cost/quantity Marginal cost is the additional cost incurred in order to…

Q: y C= 600 + 40Q^0.3 + 5 Q^2: a) Find out the fixxed cost, variable cost, margina ost average variable…

A: Variable costs vary based on the amount of output produced. Variable costs may include labor,…

Q: A company handles an apartment building with 50 units. Experience has shown that if the rent for…

A: To maximize profit, the company needs to ensure that the marginal revenue of selling one more…

Q: TC = 200 + 60Q+ 2Q? What is the average variable cost when 4 units are produced? Enter as a value.…

A: Average variable cost is the cost per unit here we calculate which are as follow-

Q: A firm estimates its production function as Q = -2.4 + 20*L -.5*L2 + 30*K -1.00*K2 + 15*F -.3*F2.…

A: Given, The production function, Q = -2.4+ 20 L - 0.5L2+30K - 1.00K2+15F- 0.3F2 The total cost…

Q: ont Total cost Output pil changes per hour) (dollars p er hour) 10 1 20 35 3 50 4 so

A: Fixed cost is the cost that remains same at all levels of output whereas variable cost is the cost…

Q: Calculate total cost when TFC is $200 and TVC is $59

A: It's given that:- Total fixed cost = $200 Total variable cost = $59 We know that:- Total cost =…

Q: If the total fixed costs of manufacturing 100 fans is $7500. Calculate the average fixed costs.

A: The fixed cost of manufacturing = $7500 Total number of fans = 100

Q: Can you please answer parts d & e below only as you have answered the first 3 parts previously:…

A: Given; Fixed cost= 50000 Average variable cost= 10000Q+Q20000

Q: What type of cost is included in economic costs, but not included in accounting costs? a. Explicit…

A: Accounting cost includes all the explicit cost. In other words, all the payment made by the business…

Q: Bags/Participants Fixed Cost Variable Cost Total Cost 0 $1,700 $ - $1,700 100 $1,700 $500…

A: Bags/Participants Fixed Cost Variable Cost Total cost Marginal cost Marginal  Revenue 0 1700 -…

Q: A construction contractor has undertaken a job with 7 major tasks. Some of the tasks can begin at…

A: Solve with the help of formula

Q: Question 1 Calculate the productivity for the following operations: Three employees processed 600…

A: Hi! Thank you for the question As per the honor code, We’ll answer the first question since the…

Q: Cost LRAC 40 30 20 N 10 100 200 400 800 Output a. What is the cost per unit when the firm produces:…

A: Total Cost per unit of output is also called average cost. The figure shows long run run Average…

Q: TC FC TVC AVC ATC MC 100 1 130 75 3 165 4 50 250 330 7 90 What is the total variable costs (TVC or…

A: Answer: The following formulas will be used: TVC=TC-FCAVC=TVCQATC=TCQMCn=TCn-TCn-1where,MCn=marginal…

Q: Ace Shoe Company sells heel replacement kits for men's shoes. It has fixed costs of $10 million and…

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…

Q: A company is planning to manufacture wheelchairs that are light, fast, and beautiful. Fixed monthly…

A: In economics, a CF {"cost function"} is described as a function of an output quantity and prices of…

Q: The time to assemble the first unit on a production line is 6 hours The learning rate s 086.…

A: The learning curve slope is being used to represent the rate in which learning tends to translate…