calculate all cost curves

Related BrainMass Solutions

• Using Excel to Calculate All Cost Curves

  226215 Using Excel, calculate all cost curves Cost Data Consider the following cost functions: TC = 20 + 4Q TC = 20 + 2Q + 0.5Q2 TC = 20 + 4Q - 0.1Q2 Using Excel, calculate all cost curves using a range of quantity from 0 to 15.

• How do you plot AFC, AVC and MC cost curves for the total cost function TC = 100 + 40Q - 15Q^2 + 5Q^3?

  Marginal cost function (MC) MC = Draw a diagram with all three curves plotted on it.

• Cost of production

  Calculate all the missing cells - show all work Q TFC TVC TC AFC AVC ATC MC 2 125 60 3 90 4 400 Please see the attached files.

• average and the marginal cost curves

  Calculate the marginal cost and show that this marginal cost curve intersects average cost at its minimum. d. Graph the average and the marginal cost curves for skateboard production.

• Economic Margins, Price, Elasticity

  Consider a firm with a fixed-size production facility as described by its existing cost curves. a. Explain what would happen to those cost curves if a mandatory health insurance program is imposed on all firms. b.

• marginal cost

  
  Calculate the firm's short-run total and average cost curves.

• arc elasticity of demand

  If a firm enjoys economies of scale up to a certain output level, and cost then increases proportionately with ouput, what can you say about the shape of long-run average cost curves.

• Given data for Total Cost and Total Revenue, calculate how much output a firm should produce to maximize profit. Show the result graphically.

  Calculate marginal revenue and marginal cost for each quantity. Graph them. At what quantity do these curves cross? How does this relate to your answer to part (a)? c. Can you tell whether this firm is in a competitive industry?

• Using Excel to predict output decisions: Definitive example

  A firm's cost curves are given in the following table.