Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 13, 2024

cost function avc = 39-8q +q 2 if the average total cost is 89 at q =10 what is the amount of total fixed cost

cost function

avc = 39-8q +q²

if the average total cost is 89 at q =10 what is the amount of total fixed cost FC

2 . Determine the level of output at whch average product is maximized

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Introduction To Health Care Management

Authors: Sharon B. Buchbinder, Nancy H. Shanks

3rd Edition

128408101X, 9781284081015

Students also viewed these Economics questions

Question

★★★★★

According to the U.S. Census Bureau, 17.9% of U.S. households are in the Northeast. In addition, 5.4% of U.S. households earn $100,000 per year or more and are located in the Northeast. Determine the...

Answered: 1 week ago

Question

★★★★★

1-2. How might being on the following lists assist in a companys recruitment and retention programs? a. Fortune magazines 100 Best Companies b. Working Mother list of 100 best companies c. Fortune...

Answered: 1 week ago

Question

★★★★★

Let A and B be two events in a sample space . Prove that P(A|B) > P(A) holds if and only if P(B|A) > P(B). In such a case, the two events A and B are said to be positively correlated since the...

Answered: 1 week ago

Question

★★★★★

Three identical units of item K113 are purchased during July, as shown below.Assume that one unit is sold on July 31 for $225.Determine the gross profit for July and ending inventory on July 31 using...

Answered: 1 week ago

Question

★★★★★

Using the income statement and balance sheet on the next page answer the following. Assuming there are 20 million shares outstanding, calculate EPS, Dividends per share, Book value per share, NOWC,...

Answered: 1 week ago

Question

★★★★★

Floyd's Bumpers has distribution centers in Lafayette, Indiana: Charlotte, North Carolina; Los Angeles, California; Dallas, Texas; and Pittsburgh, Pennsylvania. Each distribution center carries all...

Answered: 1 week ago

Question

★★★★★

A sled weighing 60.0 N is pulled horizontally across snow so that the coefficient of kinetic friction between sled and snow is 0.100. A penguin weighing 70.0 N rides on the sled, as in the figure. If...

Answered: 1 week ago

Question

★★★★★

What is the overhead application rate per direct labor hour? * (1 Point) BREAD Co. uses a job order costing system. At the beginning of January, the company had 2 jobs in process with the following...

Answered: 1 week ago

Question

★★★★★

Feedback Print A 5 nC charge is located at the origin. What are the electric fields at the positions A = (10 cm, 0 cm), B = (-10 cm, 10 cm), and C = (-10 cm, -10 cm)? Write each electric field vector...

Answered: 1 week ago

Question

★★★★★

A History Achievement Test out of 80 points is administered to a Grade 10 class of 30 students. Their scores are randomly listed below. 78 46 61 49 58 61 64 58 55 80 40 52 78 55 63 55 49 59 64 58 53...

Answered: 1 week ago

Question

★★★★★

Compute the Adjusted R-Squared value for Model 1. Discuss why Adjusted R-squared and the R-squared values are different. Model 1 Let's consider the following R output for a regression model which we...

Answered: 1 week ago

Question

★★★★★

You are the IT administrator for a small corporate network. The company has a single Active Directory domain named CorpNet.local. You need to increase the domain's authentication security. You need...

Answered: 1 week ago

Question

★★★★★

Elwin Osbourne, CIO at GFS, Inc., suspects that at least 25% of e-mail messages sent by GFS employees are not business related. A random sample of 300 e-mail messages was selected to test this...

Answered: 1 week ago

Previous Question Next Question

Question

cost function avc = 39-8q +q 2 if the average total cost is 89 at q =10 what is the amount of total fixed cost