Teacher's Helper is a small company that has a subcontract to produce instructional materials for disabled...
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Teacher's Helper is a small company that has a subcontract to produce instructional materials for disabled children in public school districts. The owner rents several small rooms in an office building in the suburbs for $600 a month and has leased computer equipment that costs $480 a month. Fill in the table below. Then, draw the corresponding cost curves. Make 2 graphs. The first should have FC, VC and TC. The second should have MC, AFC, AVC and ATC. Label everything. (Hint: A spreadsheet makes quick work of this question) Output (Instructional modules per month) 0 1 2 3 4 5 Fixed Variable Total Marginal Average Average Cost Cost Cost Cost Fixed Cost Variable Cost (Dollars) (Dollars) (Dollars) (Dollars) 1,080 1,080 400 1,480 1,350 2,430 1,900 2,500 400 450 (Dollars per unit) 216 (Dollars per unit) 475 Average Total Cost (Dollars per unit) 965 Teacher's Helper is a small company that has a subcontract to produce instructional materials for disabled children in public school districts. The owner rents several small rooms in an office building in the suburbs for $600 a month and has leased computer equipment that costs $480 a month. Fill in the table below. Then, draw the corresponding cost curves. Make 2 graphs. The first should have FC, VC and TC. The second should have MC, AFC, AVC and ATC. Label everything. (Hint: A spreadsheet makes quick work of this question) Output (Instructional modules per month) 0 1 2 3 4 5 Fixed Variable Total Marginal Average Average Cost Cost Cost Cost Fixed Cost Variable Cost (Dollars) (Dollars) (Dollars) (Dollars) 1,080 1,080 400 1,480 1,350 2,430 1,900 2,500 400 450 (Dollars per unit) 216 (Dollars per unit) 475 Average Total Cost (Dollars per unit) 965
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Answer Types of Costs iThe costs of the firm are majorly distinguished into fixed cost and variable ... View the full answer
Related Book For
Microeconomics An Intuitive Approach with Calculus
ISBN: 978-0538453257
1st edition
Authors: Thomas Nechyba
Posted Date:
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