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Costs. a. Complete the following table.
Total Product (Q)
Total Fixed Cost
Total Variable Cost
Total Cost
Average Fixed Cost
Average Variable Cost
Average Total Cost
Marginal Cost
0
$60
$0
-
1
$105
2
$85
3
$120
4
$150
5
$245
6
$225
7
$330
8
$325
9
$390
10
$525
b. Draw one graph of ATC, AVC and MC. Draw another graph with TC.
c. What happens to ATC as Q increases?
d. Where does MC cross AVC? ATC?
e. Suppose fixed costs increase by $20. How will this affect TFC, TVC, TC, ATC, AVC and MC? Which numbers change and which stay the same?
f. Suppose raw material prices increase by 20%. How will this affect TFC, TVC, TC, ATC, AVC and MC?
how might short and long term goals between a business and the government differ?
Outdoor Travel Inc. needs to estimate the cost of capital for the evaluation of capital expenditures. A typical project is financed with 25% debt-to-value ratio (i.e., D/(D+E) = 0.
examples
if there is multicollinearity so why we can not estimate the value of parameters?
Question 1: Explain the main drivers of globalisation and ascertain whether they have helped to reduce the gap between the rich and the poor countries. Question 2: Disc
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Y1=Y21Y2+Bx+U1 Y2=Y21Y1+U2 First equation is demand and second is supply equation,can first equation be identifiable outline the method
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how much it costs to make this project?
cost function; expenditure=B1+B2N+B3N+U EXP=17099+1.60N-1.2Q regration sum of square=8 qutinos 1 explain inter prtation
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