Computing marginal costs with excel

Reference no: EM1367861

Using the given table, find out the quantity where MC = ATC. Find out the quantity where ATC is at its minimum. Find out the quantity that is the most efficient operating point for the firm.

The table
Output Costs TFC TVC AFC AVC ATC MC
0 $100
1 $150
2 $225
3 $230
4 $300
5 $400

Reference no: EM1367861

Questions Cloud

Politicians economic interests : Presidents, senators and members of congress came from a different backgrounds but all must decide upon a great many issues that involve macroeconomics.

Staff develpoment in a hospital : For a nurse who plans to seek a job in education (staff develpoment in a hospital).

Briefly state basic characteristics of pure competition : Briefly state basic characteristics of pure competition, pure monopoly, monopolistic competition and oligopoly. Under which of se market classifications does each of following most accurately fit.

Write program that asks user for two digit number : Write program which asks user for two digit number and then prints English word for that number. Sample run: Enter a two-digit number: 45

Computing marginal costs with excel : Using the given table, find out the quantity where MC = ATC. Find out the quantity where ATC is at its minimum. Find out the quantity that is the most efficient operating point for the firm.

How will this involvement affect economic efficiency : When government becomes heavily involved in tax-transfer activities, how will this involvement affect economic efficiency.

Nursing theorists-parse and watson : Compare and contrast the nursing theorists, Parse and Watson, comprise similarities, dissimilarities (totality versus simultaneity, paradigms), schematic model aspects of the theories

Decision to produce or shut down : Say half of the cost of producing wheat is rental cost of land (a fixed cost) and half is cost of labor and machines (a variable cost). If the average total cost of producing wheat is $8 and price of wheat is $6, what would advise the farmer to do..

Determine number wait states for proper system operation : How many wait states (clock cycles) need to be inserted for proper system operation if bus clocking rate is 8 MHz?

User Account

All Pages