What the fixed cost and variable cost

Assignment Help Microeconomics
Reference no: EM13680640

TC =120-12Q+25Q^2, what's the fixed cost and variable cost. if FC=120, VC=25Q^2-12Q, how could the VC go below zero after it crosses with the origin. (VC<0 when 0<Q<12/25).

Reference no: EM13680640

Questions Cloud

Explain what effect will increasing the number of lines : Explain what effect will increasing the number of lines per mm have on the grating constant of a diffraction grating
What should happen to the equilibrium price : What should happen to the equilibrium price, interest rate, and quantity of bonds today if people expect that these bonds will be worth half as much in the future? Use simplified model of the bond market. A complete answer will include both a g..
Determine the maximum charge that can be placed : A parallel capacitor has plates 2 cm x 3 cm. The plates are separated by a 1 millimeter thick piece of paper. Determine the maximum charge that can be placed on the device
Find what is the specific heat of the metal : A metal ball of mass 0.76 kilogram with initial temperature of 30oC is dropped into a container of 1.01 kilogram of water at 20oC. find what is the specific heat of the metal
What the fixed cost and variable cost : What's the fixed cost and variable cost.
Obtain how much would the block compress the spring : A block starts from rest at the top of a 30 degree inclined frictionless plane and after travelling 1 meter encounters a spring of constant 3.0 kN/m, find how much would the block compress the spring
Compute how much does springs potential energy increase : A mass less spring hangs from the ceiling with a 10 kilogram mass attached to it. Compute how much does springs potential energy increase
Find what distance does it travel in the given interval : An object, initially moving at 23 meter per second, is accelerated at 15 m/s2 for 5 sec, Find what distance does it travel in the 5 s time interval
Find the magnitude of its velocity during this time : A flight controller determines that an airplane is 25mi south of him. Find the magnitude of its velocity during this time

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

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!

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