Cost analysis
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Quantity Total Cost Fixed Cost Variable Cost (VC) Average Fixed Cost (AFC) Average Variable Cost (AVC) Average Total Cost (ATC) Marginal Cost
0 3 6
1 5 6
2 8 6
3 12 6
4 17 6
5 23 6
6 30 6
7 38 6
8 47 6
Find the VC, AFC, AVC, ATC, & MC for the above.
I just discovered a formula that allows anyone to complete all of their economics assignments in half an hour. I have already sold 200 doses and face the following cost structure:
Q ATC ($)
199 199
200 200
201 201
A student in eco 533 offers me $300 for one dose. Should I produce one more dose to sell?
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Solution Summary
Full solution that solves cost analysis problems are in Excel file.
Education
- MBA (IP), International Center for Internationa Business
- BBA, University of Rajasthan
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