Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 13, 2024

TC=5000 -2000Q-10Q2 0.25Q3,where TC is total cost and Q is the level of output. what is thefirm,s total fixed cost?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored 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

Managerial Economics and Strategy

Authors: Jeffrey M. Perloff, James A. Brander

2nd edition

134167879, 134167872, 9780134168319 , 978-0134167879

More Books

Students also viewed these Economics questions

Question

★★★★★

Custom Brand Bakeries, Inc. (CBBI), located in Erie, Pennsylvania, bakes a variety of products for various parties on a contract basis. For example, a food company may contract with CBBI to make...

Answered: 1 week ago

Question

★★★★★

2. Why do you think the parents selected a limited liability corporate structure for the new company? What are the advantages and disadvantages of this structure over alternative legal structures?

Answered: 1 week ago

Question

★★★★★

Each entering customer must be served first by server 1, then by server 2, and finally by server 3. The amount of time it takes to be served by server i is an exponential random variable with rate i,...

Answered: 1 week ago

Question

★★★★★

Answer the following questions. a. Which department is responsible for initiating the purchase of materials? b. What is the name of the document generated by the department identified in (a) above?...

Answered: 1 week ago

Question

★★★★★

Hello can someone please help me understand a adjusting entry for interest receivable. If a example can be provided thatd be great!

Answered: 1 week ago

Question

★★★★★

Company management decided to restructure its balance sheet. Current long term debt of 8 mio euros will be increased to 20 mio euros. Interest for the debt is 4%. Borrowed 12 mio euros will used to...

Answered: 1 week ago

Question

★★★★★

Verify Eq. (23.73a), and show numerically that the maximum Mach number for a laminar shock front is M = 1.58. Eq. (23.73a) nok B Te ="ogT [[1-{1 - 6/12] M> {}{24 - 1} () = (23.73a)

Answered: 1 week ago

Question

★★★★★

Solve the two equations given by (3.4) to obtain the values of the parameters given by Equations (3.5) and (3.6), respectively. Equation 3.4 Equation 3.5 equation 3.6 MI M m a x +6 * | x = 2 xy = 2 ...

Answered: 1 week ago

Question

★★★★★

Follow the model of international banking with production economy, and keep all settings unchanged. Now assume that the shadow interest rate in autarky, \(r^{A}\), is lower than the world interest...

Answered: 1 week ago

Question

★★★★★

Allow two-party competition in the elections over infinite time horizon, \(t=0,1, \ldots,+\infty\). Assume that there is an election every other period and two parties, \(i=L, R\) ("left" and...

Answered: 1 week ago

Question

★★★★★

Use a demand and supply graph to show that Ted Koppels proposed explanation of a decrease in drug prices is incorrect. (Related to Application 6) Application 6 WHY LOWER DRUG PRICES? APPLYING THE...

Answered: 1 week ago

Question

★★★★★

Please refer to the link below that holds the excel file to complete this problem. 8. Other optimal portfolios: a. b. c. d. In cells J95:J97 compute a new combined portfolio and compute its utility....

Answered: 1 week ago

Question

★★★★★

7. One or other combination of 16.

Answered: 1 week ago

Question

★★★★★

1. Discuss the following statements: a) Mastery is not the same as understanding. b) Being bigger than is not the same as being the thing that is bigger. c) The difference between order and disorder...

Answered: 1 week ago

Question

★★★★★

5. It is the needs of the individual that are important.

Answered: 1 week ago

Previous Question Next Question