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Danica Rizzo is considering purchasing a new car. The price of the car is $64000, and Danica hopes to keep it 8 years and then
Danica Rizzo is considering purchasing a new car. The price of the car is $64000, and Danica hopes to keep it 8 years and then sell it for $12000. Based on past experience, Danica drives about 14,000 km per year and lives in a downtown apartment where they must pay a $57 per month parking fee. Danica has budgeted the following automobile expense items for the next 8 years: CALCULATE THE FOLLOWING USING THE ABOVE INFORMATION: Danica and their friend Mike plan to drive the car to Miami for a trip. The one way trip from Edmonton to Miami is expected to be 4856 km, and they plan to split the car costs 50-50. Calculate the TOTAL cost of the trip under the assumption that costs are split as follows. Total KMs Drive on the ROUND trip to Miami Cost of Gas Only Variable Cost Only Total Costs Below is a chart with different distances and their total cost for this vehicle please find the marginal costs for as distance increases. Below is a chart with different distances and their total cost for this vehicle please find the marginal costs for as distance increases. Instead of selling or getting rid thier car after 8 years, Danica decide to start using their vehicle in a business. Danica will be providing ride hailing service with their vehicle (UBER). See below for the graph of the total and average costs for the next 3 years. The total fixed costs are 12000 for this period. Instead of selling or getting rid thier car after 8 years, Danica decide to start using their vehicle in a business. Danica will be providing ride hailing service with their vehicle (UBER). See below for the graph of the total and average costs for the next 3 years. The total fixed costs are 12000 for this period. PLEASE COMPLETE TABLE BELOW ONLY USING ABOVE INFORMATION A=18,000KMB=23,000KMC=27,000KMD=30,000KM What is the TFC at C ? What is the AFC at C (2 Decimals)? If AVC is 1.05 at C, what is the TVC? What is the BREAKEVEN Quantity (PUT LETTER)? What is the SHUTDOWN Quantity (PUT LETTER)? ATC at B is: $2.16/KM TC at C is: $56700 Find the Marginal Cost between B and C (Answer to 2 Decimals and always positive)?S If Price of an UBER RIDE is $0.9/KM : What is the number of KMs Driven by Danica? KM D=30,000KM What is the TFC at C ? What is the AFC at C (2 Decimals)? If AVC is 1.05 at C, what is the TVC? What is the BREAKEVEN Quantity (PUT LETTER)? What is the SHUTDOWN Quantity (PUT LETTER)? ATC at B is: $2.16/KM TC at C is: $56700 Find the Marginal Cost between B and C (Answer to 2 Decimals and always positive)?\$ If Price of an UBER RIDE is $0.9/KM : What is the number of KMs Driven by Danica? KM What is the total Revenue at this point? $ What is the total Cost at this point if AVC is $0.9 per KM? $ What is the Profit/Loss at this point? \$ Danica Rizzo is considering purchasing a new car. The price of the car is $64000, and Danica hopes to keep it 8 years and then sell it for $12000. Based on past experience, Danica drives about 14,000 km per year and lives in a downtown apartment where they must pay a $57 per month parking fee. Danica has budgeted the following automobile expense items for the next 8 years: CALCULATE THE FOLLOWING USING THE ABOVE INFORMATION: Danica and their friend Mike plan to drive the car to Miami for a trip. The one way trip from Edmonton to Miami is expected to be 4856 km, and they plan to split the car costs 50-50. Calculate the TOTAL cost of the trip under the assumption that costs are split as follows. Total KMs Drive on the ROUND trip to Miami Cost of Gas Only Variable Cost Only Total Costs Below is a chart with different distances and their total cost for this vehicle please find the marginal costs for as distance increases. Below is a chart with different distances and their total cost for this vehicle please find the marginal costs for as distance increases. Instead of selling or getting rid thier car after 8 years, Danica decide to start using their vehicle in a business. Danica will be providing ride hailing service with their vehicle (UBER). See below for the graph of the total and average costs for the next 3 years. The total fixed costs are 12000 for this period. Instead of selling or getting rid thier car after 8 years, Danica decide to start using their vehicle in a business. Danica will be providing ride hailing service with their vehicle (UBER). See below for the graph of the total and average costs for the next 3 years. The total fixed costs are 12000 for this period. PLEASE COMPLETE TABLE BELOW ONLY USING ABOVE INFORMATION A=18,000KMB=23,000KMC=27,000KMD=30,000KM What is the TFC at C ? What is the AFC at C (2 Decimals)? If AVC is 1.05 at C, what is the TVC? What is the BREAKEVEN Quantity (PUT LETTER)? What is the SHUTDOWN Quantity (PUT LETTER)? ATC at B is: $2.16/KM TC at C is: $56700 Find the Marginal Cost between B and C (Answer to 2 Decimals and always positive)?S If Price of an UBER RIDE is $0.9/KM : What is the number of KMs Driven by Danica? KM D=30,000KM What is the TFC at C ? What is the AFC at C (2 Decimals)? If AVC is 1.05 at C, what is the TVC? What is the BREAKEVEN Quantity (PUT LETTER)? What is the SHUTDOWN Quantity (PUT LETTER)? ATC at B is: $2.16/KM TC at C is: $56700 Find the Marginal Cost between B and C (Answer to 2 Decimals and always positive)?\$ If Price of an UBER RIDE is $0.9/KM : What is the number of KMs Driven by Danica? KM What is the total Revenue at this point? $ What is the total Cost at this point if AVC is $0.9 per KM? $ What is the Profit/Loss at this point? \$
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