User Account

All Pages

Average variable costs are minimized at a rate of output

Assignment Help Managerial Economics
Reference no: EM13990148

Given the following information about Mega Corp's costs, provide answers to the questions below.

2222_68-B-E-M-E (2223).png

(a) Total fixed costs equal.

(b) When the rate of output is equal to 1, AVC is equal to.

(c) When the rate of output is equal to 2, MC is equal to.

(d) Average variable costs are minimized at a rate of output of.

(e) When the rate of output is 7, total costs are equal to.

(f) At a rate of output of, total variable costs are equal to 135.

(g) At a rate of output of marginal costs (MC) are equal to 14.

(h) Average total costs are minimized at a rate of output of.

Use only integers (whole numbers) without decimal points or other symbols for your answers. Round to the nearest integer if necessary.

Reference no: EM13990148

Questions Cloud

What is the projects npv : What is the project's NPV? Net investment cost (depreciable basis) $65,000 Straight-line deprec. rate 33.333%
Explain consumer shopping tendencies for skin care products : What consumer behavior trends,concepts,or theories can help explain consumer shopping tendencies for skin and hair-care products
What is the electron energy when removed : What energy is required to completely remove an electron from the n = 3 level of hydrogen? What is the electron's energy when removed?
What are the biggest challenges facing danaher : What are the biggest challenges facing Danaher in 2010? What can Larry Culp do to prepare the organization for these challenges
Average variable costs are minimized at a rate of output : Use only integers (whole numbers) without decimal points or other symbols for your answers. Round to the nearest integer if necessary.
What wavelength is needed : An energy of 30.5 ev is needed to remove an electron from the n = w state of a lithium atom. if a single photon accomplishes this task what wavelength is needed?
What percent of variation are restaurant sales explained : Which of the coefficients are statistically significant and which are not? Explain. What percent of variation are restaurant sales explained by this equation?
Identify average water usage per month : Thirty households in a Paarl suburb were surveyed to identify their average water usage per month (in kilolitres, kl). The usage per household was:
Company financial embezzlement cases : Article topic ideas: Information breaches (these will be the vast majority), disgruntled employee cases involving data theft or leaking of information and company financial embezzlement cases that are directly related to IT

Reviews

Write a Review

Managerial Economics Questions & Answers

  Which have normative implications or undertones

1.Give two examples of positive statements about the economy, and two examples of normative ones.

  Are economic profits present for this firm in example

Define a normal profit and an economic profit. Are normal profits being earned in this example? Are economic profits present for this firm in this example?

  Thesis statement main body and conclusion

Topic Paper: In your opinion, is the current monetary policy that the Federal Reserve System pursuing helping or hurting our economy?

  Identifying the level of output

Given output and Total Cost information in the Table below, Complete the following columns: Fixed Costs, marginal Cost, Variable cost, Average Total Cost columns.

  Provide a critical evaluation of the given statement

The CEO of the company was quoted as saying, "It just goes to show that money does not motivate people." Provide a critical evaluation of this statement.

  Speculators had better information about future exchange ra

If speculators had better information about future exchange rates, would their actions be more or less stabilizing than at present?

  How the monopolist could be more efficient

From the first e-Activity, speculate how the monopolist could be more efficient in the long-run considering new competition has entered the marketplace

  Calculating marginal revenue

Consider a manufacturer with 2-factories. They can make at either factory or both. However, we need to consider the quantities that will be produced at every factory.

  Change the price elasticity of demand

2.What could be done to change the price elasticity of demand in a desirable direction?

  Discuss why the ownership pattern makes economic sense

Discuss why this ownership pattern makes economic sense. Do you think the CEO's conclusions are correct? Why or why not?

  Advantages and disadvantages of speculation from the point

1.What are the advantages and disadvantages of speculation from the point of view of

  Discuss expectations of changes in economic

Identify and discuss expectations of changes in economic, financial, and international conditions in the near future and identify the three most significant economic problems we currently confront. Also, identify the role monetary policy could play ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd