Question
Q P TC 0 $160 $3,000 10 $152 $3,630 20 $144 $3,990 30 $136 $4,170 40 $128 $4,260 50 $120 $4,350 60 $112 $4,530 70
Q P TC 0 $160 $3,000 10 $152 $3,630 20 $144 $3,990 30 $136 $4,170 40 $128 $4,260 50 $120 $4,350 60 $112 $4,530 70 $104 $4,890 80 $96 $5,520 90 $88 $6,510 100 $80 $7,950
| Q | P | TC |
| 0 | $160 | $3,000 |
| 10 | $152 | $3,630 |
| 20 | $144 | $3,990 |
| 30 | $136 | $4,170 |
| 40 | $128 | $4,260 |
| 50 | $120 | $4,350 |
| 60 | $112 | $4,530 |
| 70 | $104 | $4,890 |
| 80 | $96 | $5,520 |
| 90 | $88 | $6,510 |
| 100 | $80 | $7,950 |
Determine equations for P=f(Q), MR=f(Q), ATC=f(Q, Q2), AVC=f(Q, Q2), MC=f(Q, Q2). Recall that your marginal equations should be derivatives of your totals!
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav
13th Edition
8120335643, 136126634, 978-0136126638
