dabbamanche
Replies to this thread:
More by dabbamanche
What people are reading
Subscribers
Please log in to subscribe to dabbamanche's postings.
:: Subscribe
|
|
[VIEWED 7378
TIMES]
|
SAVE! for ease of future access.
|
|
|
|
dabbamanche
Please log in to subscribe to dabbamanche's postings.
Posted on 09-27-11 8:09
AM
Reply
[Subscribe]
|
Login in to Rate this Post:
0 
? 
|
| |
Hi, can someone please help me with the following questions?
Each unit of input, X, costs $10. Fixed costs are $50, regardless of the level of output.
a. Complete the table below.
|
Labor, X
|
Total
Output (TPP)
|
Marginal
Physical
Product (MPP)
|
TFC
|
TVC
|
TC
|
AFC
|
AVC
|
ATC
|
MC/unit
|
|
0
|
0
|
|
|
|
|
|
|
|
|
|
1
|
15
|
|
|
|
|
|
|
|
|
|
2
|
45
|
|
|
|
|
|
|
|
|
|
3
|
70
|
|
|
|
|
|
|
|
|
|
4
|
90
|
|
|
|
|
|
|
|
|
|
5
|
105
|
|
|
|
|
|
|
|
|
|
6
|
110
|
|
|
|
|
|
|
|
|
|
7
|
112
|
|
|
|
|
|
|
|
|
b. If the product can be sold for $0.75 per unit, what is the optimal level of output?
c. Find the level of profit at the optimal level of output. Explain what would happen if the firm produced one more unit of output in terms of marginal cost and marginal revenue.
Please provide explanations for b and c. Appreciate all the help I can get. It's a school assignment. Thanks.
|
| |
|
|
|
|
dabbamanche
Please log in to subscribe to dabbamanche's postings.
Posted on 09-27-11 8:20
AM
Reply
[Subscribe]
|
| Login in to Rate this Post:
0
?
|
| |
Sorry, this is the full table:
|
Labor, X
|
TPP
|
MPP
|
TFC
|
TVC
|
TC
|
AFC
|
AVC
|
ATC
|
MC/unit
|
|
0
|
0
|
|
|
|
|
|
|
|
|
|
1
|
15
|
|
|
|
|
|
|
|
|
|
2
|
45
|
|
|
|
|
|
|
|
|
|
3
|
70
|
|
|
|
|
|
|
|
|
|
4
|
90
|
|
|
|
|
|
|
|
|
|
5
|
105
|
|
|
|
|
|
|
|
|
|
6
|
110
|
|
|
|
|
|
|
|
|
|
7
|
112
|
|
|
|
|
|
|
|
|
|
| |
|
|
dabbamanche
Please log in to subscribe to dabbamanche's postings.
Posted on 09-27-11 8:22
AM [Snapshot: 21]
Reply
[Subscribe]
|
| Login in to Rate this Post:
0
?
|
| |
and the two related questions:
b. If the product can be sold for $0.75 per unit, what is the optimal level of output?
c. Find the level of profit at the optimal level of output. Explain what would happen if the firm produced one more unit of output in terms of marginal cost and marginal revenue.
Appreciate all the help I can get, along with the explanations for b and c. Thanks!
|
| |
Please Log in! to be able to reply! If you don't have a login, please register here.
YOU CAN ALSO
IN ORDER TO POST!
Within last 365 days
| Recommended Popular Threads |
Controvertial Threads |
| Conservative discussions |
| TPS Re-registration case still pending .. |
| TPS for Nepal likely to extend next week |
| सालीको चाक |
| ChatSansar.com Naya Nepal Chat |
| TPS for Venezuela is terminated, only 60 days extension for transition period |
| TPS to F1 Status. |
| TPS To F-1 COS |
| Venezuela TPS lawuit |
| tesla stock OMG !! |
| Those who are in TPS, what’s your backup plan? |
| TPS Sakiyo Tara Case is in Court. |
| Got my F1 reinstatement approved within 3 months(was out of F1 for almost 2 years) |
| Homeland Security revokes temporary status for 532,000 Cubans, Haitians, Nicaraguans and Venezuelans |
| Has anyone here successfully reinstated to F-1 status after a year-long gap following a drop from F-1? |
| I hope all the fake Nepali refugee get deported |
| Court Hearing Approval. |
| Need Help of IT consultancies |
| Nepal TPS decision |
| Supreme Court allows Trump to end TPS for Venezuelans |
|
| Looking for girl |
| Who is hottest nepali female? |
|
NOTE: The opinions
here represent the opinions of the individual posters, and not of Sajha.com.
It is not possible for sajha.com to monitor all the postings, since sajha.com merely seeks to provide a cyber location for discussing ideas and concerns related to Nepal and the Nepalis. Please send an email to admin@sajha.com using a valid email address
if you want any posting to be considered for deletion. Your request will be
handled on a one to one basis. Sajha.com is a service please don't abuse it.
- Thanks.
|
