Answer this.....??

Q1

Given that total cost is TC = D + 30 + 2 find .. 9) Marginal cost function b) The average total cout function Average variable cort function. d) At what level of output would the firm minimize Its greigge total cost and Its average variable cost in the chort run.Suppose that the total cost function of a firm operating in the short run is given by TC =Q' +50+6 Find (1) The ATC function (ii) The marginal cost function (iii) The average variable cost function Calculate the average fixed cost where Q= 3 (iv) What will be the value of the following at the output of 100 unit a) Average variable cost b) AFC c) Marginal (v) At what level of output will the firm minimize its average total cost by average variable cost?Recall our earlier illustration of the two sector model C = 100+ 0.75Y I = 200 Assume the government has a balanced budget of G =T = 100 Find the equilibriumlevel of income for this economy.The total cost equation in the production of beckon at a certain factory is given as follows C= 1000 + 1000-2502+ Q3 Where C is the cost is She. and Q is the quality in Kg. Required: i Compute the total and average cost at the output of 1 0kg and 1 1kg. ii. What is the marginal cost of the 12th kg? 11. Explain the slope and relationship between the average cost, average variable cost, marginal cost and fixed cost curve using relevant diagramsSuppose the nominal GNP of a country i.e. GNP estimated at current prices in 2000 is given as 500 billion and price index number (PIN) is given as base year 2000=100. Now let the nominal GNP increase to 600 billion in the year 2010 and PIN rises to 110. Find the countries GNP deflator