Significant Event

Costs and Total Variable Cost free essay sample

Clarify in a nontechnical manner why request iselastic in the northwest portion of the interest bend and inelastic in the southeast section. Item PriceQuality Demanded $51 Vb 42 33 24 15 Answer: 1/1. 5/?. 5= . 67%/22%= 3. 05 Ch 22 #7 1. Key Question A firm has fixed expenses of $60 and variable expenses as showed in the table on the accompanying page. Complete the table and check your estimations by alluding to address 4 toward the finish of Chapter 23. 1. Diagram absolute fixed cost, all out factor cost, and all out expense. Clarify how he theory of unavoidable losses impacts the states of the variable-cost and all out cost bends Graph AFC, AVC, ATC, and MC. Clarify the deduction and state of every one of these four bends and their connections to each other. In particular, clarify in nontechnical terms why the MC bend meets boththe AVC and the ATC bends at their base focuses. Clarify how the area of each bend diagramed being referred to 7b would be adjusted if (1) complete fixed exp ense had been $100 as opposed to $60 and (2) all out factor cost had been $10 less at each degree of yield. We will compose a custom paper test on Expenses and Total Variable Cost or then again any comparative theme explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page All out Product Total Fixed Cost Total Variable Cost Total Cost Average Fixed Cost Average Variable Cost Average Total Cost Marginal Cost 0$__60_ $0$___ $___ 1 60 45 105 60 45 105 45___ 2 60 85145 120 170 290230 3 60120180 180 390 510450 4 60150 210 840 6001,4401380 5 60185245 1225 925 46254565 6 60225285 360135017101650 7 60270330 420 189023102250 8 60325385 480 260030803020 9 60390450 5403510 4050 3990 10 60465525 600 465052505190 Ch8 #2 Key Question Suppose an economys genuine GDP is $30,000 in year 1 and $31,200 in year 2. What is the development pace of its genuine GDP? Expect that populace is 100 in year 1 and 102in year 2. What is the development pace of GDP per capital? 30,000/1/31,2000/1=(305. 9/300=-1 or 31,2000/30,000 - 1= . 00186 #11Key Question If the CPI was 110 a year ago and is 121 this year, what is this years pace of swelling? What is the â€Å"rule of 70†? To what extent would it take at the cost level to twofold if swelling continued at (a) 2, (b) 5, and (c) 10 percent for every year? (121/110-1)=-0. 1 or 121-110=11 110/11=0. 9-1=-0. 9 Ch3 E3. 6 A. Firm D has total compensation of $27,900, deals of $930,000, and normal all out resources of $465,000. Compute the organizations edge, turnover, and ROI. 7,900/930,00 =0. 3 0. 3/465000= 6. 45 B. Firm E has overall gain of $75,000, deals of $1,250,000, and ROI of 15%. Figure the organizations turnover and normal all out resources. 75,000/1,250,000= 0. 06 0. 06/15%= 0. 9 C. Firm F has ROI of 12. 6%, normal all out resources of $1,730,159, and turnover 2b2 1. 20n-15n-5,000=0/5n-5,000=0 5n/5=5,000/5 n=1,000 2. 30,000/40,000=0. 75 s-0. 75-7,500=0 0. 253=7,500 s=30,000 3. 7000=30x-33,000-14q 33,000+7000=30x-33,000-14q+33,000 40,000/16-16/16=2,5000 4. 40q-80,000-30q 20,000=4q-80,000*(1. 1)- 30*(. 8) 88,000+20,000=4q-88,000-24q 108,00/16=40-24=16 108,00/16/16=6,750