Variable Input Price per Variable lard Total Fixed Cost Output Marginal Cost XXXXXXXXXX $100 50 A 3...

Question

Variable Input Price per Variable lard Total Fixed Cost Output Marginal Cost XXXXXXXXXX $100 50 A 3 S XXXXXXXXXXS20 $ XXXXXXXXXXC 5 S XXXXXXXXXXD
The dollar amounts that go in blanks A and 13 are. respectively: A.S30.00 and $40.00. B. $10.00 and $3.33. C.S0.67 and $0.50. D XXXXXXXXXXand $ XXXXXXXXXXThe dollar amounts that go in blanks C and D arc, respectively: A.S0.67 and $1.00. B XXXXXXXXXXand $20.00. C.53.00 and XXXXXXXXXXand $10.00. I 7.What is the average total cost of producing 140 units of output? A.S XXXXXXXXXXCS XXXXXXXXXXWhat is the average variable cost of producing 90 units of output? A.SO XXXXXXXXXXC.S1.07. D.$1.44.

005_okxcpk-s0qxt21b.docx

David · Accepted Answer

Blank  A= 20/ (50-20) =0.67
Blank B = 20/(90-50) = 0.5
So ans to 15 is C
Blank C =20/(120-90)=.67
Blank D = 20/(140-120) = 1
So ans to 16 is A
17.
=100+(20*5) /140= 1.43
ans is B
18.
=20*3 /90 = 0.67 ans is A 
19.
 A
500/10 =20
20.
C
200/10 = 20
21.
A
500+600=1100

Variable Input Price per Variable lard Total Fixed Cost Output Marginal Cost XXXXXXXXXX $100 50 A 3 S XXXXXXXXXXS20 $ XXXXXXXXXXC 5 S XXXXXXXXXXD The dollar amounts that go in blanks A and 13 are....

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