Micro Unit 3.5 CW: Working With Totals (Graphs, Tables & Values)

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The total fixed cost is $________.

The profit maximizing output for this firms is ___________.

Any level of output between __ and _ units will yield an economic profit. (Provide values in ascending order please, separated by a comma and a space.)

Answer the questions based on this competitive firm operating at 5 units.

Total Product	Total Fixed Cost	Total Variable Cost	Total Cost
0	$50	$0	$50
1	50	70	120
2	50	120	170
3	50	150	200
4	50	220	270
5	50	300	350
6	50	390	440

Micro Unit 3.5 CW: Working With Totals (Graphs, Tables & Values)

The total fixed cost is $________.

The profit maximizing output for this firms is ___________.

Any level of output between __ and _ units will yield an economic profit. (Provide values in ascending order please, separated by a comma and a space.)

This data is for the __________-run. (1 word)

At 5 units of output average fixed cost is , average variable cost is . (Place your numbers in ascending order, separated by a comma and a space.)

The marginal cost of the 5th unit is ____________.

The total fixed cost is $________.

The profit maximizing output for this firms is ___________.

Any level of output between __ and _ units will yield an economic profit. (Provide values in ascending order please, separated by a comma and a space.)

This data is for the __________-run. (1 word)

At 5 units of output average fixed cost is , average variable cost is . (Place your numbers in ascending order, separated by a comma and a space.)

The marginal cost of the 5th unit is ____________.

If product price is $75 and the firm operates at 5 units, the firm will make a _________________ (positive/negative) economic profit? (One word: Positive or Negative)

If the product price is $75, the firm will want to produce ______ units to maximize their profit.

Given the product price of $75, at its optimal output the firm will realize a ___________ profit.

If product price is $75 and the firm operates at 5 units, the firm will make a _________________ (positive/negative) economic profit? (One word: Positive or Negative)

If the product price is $75, the firm will want to produce ______ units to maximize their profit.

Given the product price of $75, at its optimal output the firm will realize a ___________ profit.

Micro Unit 3.5 CW: Working With Totals (Graphs, Tables & Values)

The total fixed cost is $________.

The profit maximizing output for this firms is ___________.

Any level of output between ____________ and ___________ units will yield an economic profit. (Provide values in ascending order please, separated by a comma and a space.)

This data is for the __________-run. (1 word)

At 5 units of output average fixed cost is __________, average variable cost is __________. (Place your numbers in ascending order, separated by a comma and a space.)

The marginal cost of the 5th unit is ____________.

The total fixed cost is $________.

The profit maximizing output for this firms is ___________.

Any level of output between ____________ and ___________ units will yield an economic profit. (Provide values in ascending order please, separated by a comma and a space.)

This data is for the __________-run. (1 word)

At 5 units of output average fixed cost is __________, average variable cost is __________. (Place your numbers in ascending order, separated by a comma and a space.)

The marginal cost of the 5th unit is ____________.

If product price is $75 and the firm operates at 5 units, the firm will make a _________________ (positive/negative) economic profit? (One word: Positive or Negative)

If the product price is $75, the firm will want to produce ______ units to maximize their profit.

Given the product price of $75, at its optimal output the firm will realize a ___________ profit.

If product price is $75 and the firm operates at 5 units, the firm will make a _________________ (positive/negative) economic profit? (One word: Positive or Negative)

If the product price is $75, the firm will want to produce ______ units to maximize their profit.

Given the product price of $75, at its optimal output the firm will realize a ___________ profit.

Any level of output between __ and _ units will yield an economic profit. (Provide values in ascending order please, separated by a comma and a space.)

At 5 units of output average fixed cost is , average variable cost is . (Place your numbers in ascending order, separated by a comma and a space.)

Any level of output between __ and _ units will yield an economic profit. (Provide values in ascending order please, separated by a comma and a space.)

At 5 units of output average fixed cost is , average variable cost is . (Place your numbers in ascending order, separated by a comma and a space.)