Micro Unit 3.2_6 CW: Short-Run Shutting Down and Exiting (Numbers and Points)
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Posljednje ažuriranje 9 months ago
12
1
Pitanje 8
8.
1
Pitanje 9
9.
1
Pitanje 10
10.
1
Pitanje 11
11.
1
Pitanje 12
12.
Output | Average Fixed Cost | Average Variable Cost |
1 | $50.00 | $100.00 |
2 | 25.00 | 80.00 |
3 | 16.67 | 66.67 |
4 | 12.50 | 65.00 |
5 | 10.00 | 68.00 |
6 | 8.37 | 73.33 |
7 | 7.14 | 80.00 |
8 | 6.25 | 87.50 |
No other information is known about this firm other than its name: Under-the-Radar Producers.
Total fixed cost is ________.
The average total cost of five units of output is ________.
The total cost of four units of output is _________.
If the firm closed down and produced zero units of output, its total cost would be _______.
The marginal cost of the fifth unit of output ________.
We would expect the marginal cost curve to intersect that average variable cost at about _______ units of output.
If the firm decided to increase its output from six to seven units, its total costs would rise by ________.