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Please help me with my macroeconomic question i dont know how to ho about it Question: The following table shows a car manufacturer's total cost

Please help me with my macroeconomic question i dont know how to ho about it

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Question: The following table shows a car manufacturer's total cost of producing cars: Quantity of cars TC 0 $500,000 $540,000 $560,000 $570,000 $590,000 $620,000 $660,000 $720,000 $800,000 9 $920,000 10 $1,100,000 a. What is this manufacturer's fixed cost? b. For each level of output, calculate the variable cost ( VC). For each level of output except zero output, Practice Questions and Answers from Lesson III-1: Inputs and Costs calculate the average variable cost (AVC), average total cost (ATC), and average fixed cost (AFC). What is the minimum-cost output? c. For each level of output, calculate this manufacturer's marginal cost (MC). d. On one diagram, draw the manufacturer's AVC, ATC, and MC curves.IQuestion: Labor costs represent a large percentage of total costs for many rms. According to a $eptemb-er 1, ENE\Answer to Question: a. MPL, shown in the following table for the time workers, is the change in output resurting from the employment of one additional worker per day. MP1. falls as the quantityr of labor increases due to the - rinci - le of diminishin - returns. Quantity of labor Quantity of oral Marginal Marginal {workers} arrangements product of cost of oral h. The marginal cost. MC, of floral arrangements is the change in total cost divided by the change in output. so, to compute MG, we rst need to compute total cost, TC = R: + VG, as shown in the table. MG per oral arrangement is also shown in the table. MG increases as output increases due again to the principle of diminishing returns. Question: You have the information shown in the accompanying table about a rm's costs. Corn-lete the missin- data. Question: Bill and Ted operate a small company that produces souvenir footballs. Their fixed cost is $2,000 per month. They can hire workers for $1,000 per worker per month. Their monthly production function for footballs is as given in the following table: Quantity of labor (workers) Quantity of footballs 0 0 300 800 3 1,200 1,400 1,500 a. For each quantity of labor, calculate average variable cost (AVC), average fixed cost (AFC), average total cost (ATC), and marginal cost (MC). b. On one diagram, draw the AVC, ATC, and MC curves. c. At what level of output is Bill and Ted's average total cost minimized?Question: Consider Don's concrete-mixing business described in the previous question. Assume that Don purchased 3 trucks, expecting to produce 41:! orders per week. a. Suppose that. in the short run, business declines to 2D orders per week. What is Don's average total cost per order in the short run? What will his average total cost per order in the short run be it his business booms to En orders per week? b. What is Don's long-run average total cost for 2D orders per weeit? Explain why his short-run average total cost of producing 2U orders per weal-t when the number of trucks is fixed at 3 is greater than his long-run average total cost of producing 2i] orders per week. c. Draw Don's long-run average total cost curve. Draw his short-run average total cost curve if he owns 3 trucks

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