Question: TC = 25 + 0.25Q 2 Fixed cost = 25 Variable cost = 0.25Q 2 Marginal cost = dTC/dQ = d(25 + 0.25Q 2 )/dQ

TC = 25 + 0.25Q2

Fixed cost = 25

Variable cost = 0.25Q2

Marginal cost = dTC/dQ = d(25 + 0.25Q2)/dQ

= 0.5Q

How do we derive at 0.5Q? Show the calculations / workings

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!

Q:

Question 1 a.The following is a set of hypothetical production possibilities for a nation. Combination Computers Cars A 0 450 B 100 420 C 250 330 D 380 270 E 510 150 F 550 0 i)Plot the production...

Q:

Section 1. Explain the following. 44. What is a monopsony? A. This is a small monopoly B. This means that there is only one seller in the marketplace C. This means that there is only one buyer in the...

Q:

A government wants to reduce electricity consumption by 10%. The price elasticity of demand for electricity is 0.1. The government must __________ the price of electricity by __________. A. raise; 1%...

Q:

managerial economics In a Nutshell In this part, you are going to jot down what you have learned BELOW. The said statement of yours could be in a form of concluding statements, arguments, or...

Q:

This question require you to provide answers in same Excel and I want it in two days time. NAME COURSE: Managerial Accounting MID-TERM Instructor: Dan Sevall Instructions: THIS MID EXAMS IS TAKE HOME...

Q:

Quiz6.xIsx [3awnweHHbin npocMOTp] - Excel BXOA X InaBHag BCTaBKa Pa3MeTKa CTpaHNubl DopMy/bl AaHHble PeleH3NPOBaHue BNA CnpaBKa 4TO Bbl XOTUTe CAenaTb? & nogenNTbCA 3AWNEHHbIN nPOCMOTP byAbTe OCTOPOX...

Q:

Quiz6.xIsx [3awnweHHbin npocMOTp] - Excel BXOA X InaBHag BCTaBKa Pa3MeTKa CTpaHNubl DopMy/bl AaHHble PeleH3NPOBaHue BNA CnpaBKa 4TO Bbl XOTUTe CAenaTb? & nogenNTbCA 3AWNEHHbIN nPOCMOTP byAbTe OCTOPOX...

Q:

PT1: The product manager for a new haircare product called turbo is evaluating breakeven points for her organization. She asked you, the analyst, to analyze her situation. The data has been given to...

Q:

Mid-term 2 Examination Review Quiz and additional practice problems solution: 1) A radial tire manufacturer produces products in two departmentsDivision A and B. The company uses separate allocation...

Q:

4:50 QUESTION 3 - [25 marks @ 5 each part] Chapter 13 & 14 Market for apple pies in the city of Ectenia is competitive and has the following demand schedule: Price Quantity demanded $1 1200 pies 1100...

Q:

know the following information about the Davis National Bank Total Interest Expenses ($500) Total Non Interest Income $100 Securities Gains (Losses) $ 50 Income Taxes ($ 80) Dividends to Stockholders...

Q:

Find the Maclaurin series of f (by any method) and its radius of convergence. Graph f and its first few Taylor polynomials on the same screen. What do you notice about the relationship between these...

Q:

Which pair contains two common control accounts? Accounts receivable and equipment. Accounts receivable and common stock. Accounts receivable and accounts payable. Equipment subsidiary ledger and...

Q:

Finman plc designated Jill Holland as petty cash custodian and established a petty cash fund of 200. The fund is reimbursed when the cash in the fund is at 15. Petty cash receipts indicate funds were...

Q:

Describe a vaneaxial blower, and compare it with a duct fan.

Q:

Problem 51 of Chapter 6 presented a strategy for the synthesis of the amino acid (2S,3S)-3- hydroxyleucine, requiring as the starting material a specifi c stereoisomer of 2-bromo-3-hydroxy-4...

Q:

The following table shows the rates of total return in successive gears from 2011 to 2015 for the Renaissance Global Health Care Fund and for the benchmark Toronto Stock Exchange S&P/TSX Composite...

Q:

Produce a graph comparing a calls intrinsic value [defined as max(S X , 0)] and its Black-Scholes price. From this graph you should be able to deduce that it is never optimal to exercise early a...

Q:

Write a program to wish happy birthday to a student. Firstly, take today month and day as an input and secondly take birthday as an input in the form of month and day. If the input day and month...

Q:

1. Discuss the following statements: (a) A person who describes something, ignores something else. (b) Our description of something will always be different from the thing we describe. (c) Our social...

Q:

1. The concepts that are used to describe social situations are mental constructions.

Q:

The facts rule: We have a tendency to have more confidence in information that is documented with figures than information that isnt.