If the marginal cost is $20 and the fixed cost is $350. Find the selling price of producing 50 items
Ans) the selling price of producing 50 items = 17,520
selling price = 20 + 50*350
= 17,520
If the marginal cost is $20 and the fixed cost is $350. Find the selling price...
The Marginal Cost for producing x Tshirts is modeled by the
function
. Find the cost function if the fixed cost is 350$.
Find the cost function for the marginal cost and fixed cost. Marginal Cost Fixed Cost (x = 0) 4 VX dC dx + 80 $2,200 80 C =
Average Marginal Total Cost Quantity Variable Variable Fixed Cost |Total Cost Variable Cost $60 $20 $50 $90 $140 $200 $270 60 S60R0 110 150 S60 200 20 25 -30 35 26045 80 20 30 40 50 60 70 $60 $60 $60 $60 50 50 52 4 40 330 Consider now that Caloi Bikes produces a quantity of 5 units that it sells for a price of $125 each. 2. What will be the company's profits or losses? How can you...
If the unit selling price is $20, the unit variable cost is $12 and the fixed costs are $180,000, what is the break-even point in units? a. 15,000 b. 9,000 c. 22,500 d. 5,625
19. Table 13-16 Quantity Total Cost Fixed Cost Variable Cost Marginal Cost Average Fixed Cost Average Variable Average Total Cost 0 $24 $16 $50 $108 Refer to Table 13-16. What is the fixed cost of producing units of output? a. $16 b. $24 C. $12 d. $0 20. Refer to Table 13-16 in Question 19. What is the total cost of producing 2 units of output? a $76 b. $74 C. $58 d. $50 21. Refer to Table 13-16 in...
Break-Even Sales Currently, the unit selling price of a product is $350, the unit variable cost is $290, and the total fixed costs are $960,000. A proposal is being evaluated to increase the unit selling price to $390. a. Compute the current break-even sales (units). units b. Compute the anticipated break-even sales (units), assuming that the unit selling price is increased to the proposed $390, and all costs remain constant. units
Activity 12.4 - Price Calculations - Marginal Analysis Fixed Costs are $10,000 and Variable Cost per unit is $10 Price Unit Sales Total Variable Cost Gross Profit Total Revenue -Price X Unit Sales - Variable cost per unit X Unit Sales Total Production Cost - Total Variable Cost+ Fixed Costs - Total Revenue - Total Production Cost $60 500 $50 1,000 $40 1,500 $30 2.000 $20 2,500
Labor Output Marginal Product Variable Cost Fixed Cost 0 0 -- $0 $5 1 100 100 $5 $5 2 250 $10 $5 3 350 $15 $5 4 50 $20 $5 5 25 $25 $5 6 430 $30 $5 Describe the shape of the marginal product curve and the marginal cost curve.
22/23 Suppose the marginal cost function for a month for a certain product is: MC = 3X + 50, where X = # of units; cost in $. If the fixed costs = $10,000 per month. Find the total cost function for the month. The rate of change of the cost (marginal cost) for a product is: MC = 3(2X+25)^1/2; X=#units; Cost in $ If the fixed costs per month = $11,125, what would be the total...
Consider a monopolist who has constant marginal cost of $20 and no fixed cost. This monopolist can distinguish between students and non-students. The demand function for each consumer group is as follows: Students: P = 200 − Q. Non-students: P = 400 − 2Q. (a) Find the profit-maximizing quantity to sell to each group. (b) Find the profit-maximizing price to charge to each group. (c) Calculate the monopolist’s profit.