Given the following information about Mega Corps costs, provide answers to the questions below. (a) Total fixed
Question:
(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 ifnecessary.
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Related Book For
Project Management A Managerial Approach
ISBN: 978-0470533024
8th edition
Authors: Jack R. Meredith, Samuel J. Mantel Jr.
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