Question: The total cost (TC) of producing computer software diskettes (Q) is given as: TC = 200 + 5Q. What is the average fixed cost? (1)

The total cost (TC) of producing computer software diskettes (Q) is given as: TC = 200 + 5Q. What is the average fixed cost?

(1) 5

(2) 5 + (200/Q)

(3) 500

(4) 5Q

(5) none of the above

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:

On January 1, 2023, Chamberlain Corporation pays $388,000 for a 60 percent ownership in Neville. Annual excess fair-value amortization of $15,000 results from the acquisition. On December 31, 2024,...

Q:

The total cost (TC) of producing computer software diskettes (Q) is given as: TC-200 + 5Q. What is the average fixed cost?

Q:

he total cost ( TC ) of producing computer software diskettes ( Q ) is given as TC = 2 0 0 + 5 Q . What is the average fixed cost? a . 5 + ( 2 0 0 / Q ) b . none of the above c . 5 Q d . 5 e . 5 0 0

Q:

The total cost (TC) of producing computer software programs (Q) is given as follows: TC = 200 + 5Q. What is the average total cost? 500 5Q 5 5 + (200/Q)

Q:

The total cost (TC) of producing computer software diskettes (Q) is given as: TC = 200 + 7Q. What is the marginal cost?

Q:

28. The total cost (TC) of producing computer software dientes (Q) is en TC- Q+1000 + 200. What is the were total cost? A. Q+100 B. 200 C. +100+* D. Q++1000

Q:

ng isocosts and isoquants, you were able to obtain the optimal cost for a firm to produce iven level of output. a) Based on this, we can now derive various cost functions for a given level of output....

Q:

Question 3 (15 marks) A manufacturer found that the total cost (TC) of producing q units of a product is given by TC = 2q2 + 2q+800. 1. For that total cost function, (a) find marginal cost (MC), (b)...

Q:

GSB420 Class 2 Optimization Homework NAME _____________________ I. Optimization A leasing office has 200 apartments to rent. If they rent X apartments, their monthly profit (P), in dollars, is given...

Q:

Please find the attached multiple choice questions: Answers and explanations please. 25. A firm in monopolistic market faces the following demand and total cost equations for its product as follows:...

Q:

Assume that a firm is producing a single product, that is differentiated from that of its rivals. Assume further, that it has determined that its Average Revenue (AR) function, based on the demand...

Q:

What do professional cowboys do that make them seem enthusiastic?

Q:

(a) 78% of a program's execution time occurs inside a loop that can be executed in parallel. What is the maximum speedup we should expect from a parallel version of the program execution on 32 CPU's?...

Q:

What does an asset turnover ratio of 3 mean? ( asset turnover and asset management ratio are used interchangeably ) Group of answer choices Asset turnover is 3 For every 3 dollar invested in assets...

Q:

In 1985, Abraham Company completed the construction of a building at a cost of $1,900,000 and first occupied it in January 1986. It was estimated that the building will have a useful life of 40 years...

Q:

(Two Temporary Differences, One Rate, Beginning Deferred Taxes) The following facts relate to Alschuler Corporation. 1. Deferred tax liability, January 1, 2010, $40,000. 2. Deferred tax asset,...

Q:

(Three Differences, Compute Taxable Income, Entry for Taxes) Havaci Company reports pretax financial income of $80,000 for 2010. The following items cause taxable income to be different than pretax...

Q:

(One Temporary Difference, Future Taxable Amounts, One Rate, Beginning Deferred Taxes) Brennan Corporation began 2010 with a $90,000 balance in the Deferred Tax Liability account. At the end of 2010,...

Q:

The trial balance of Concord Bed and Breakfast Corporation at December 31, 2012, and the data needed for the month-end adjustments follow. Adjustment data at December 31 follow: a. Prepaid insurance...

Q:

Question 1 Basin Ltd's statement of profit or loss for the year ended 30 June 2021 and extracts from its statements of financial position as at 30 June 2021 and 30 June 2020 are shown below. The...

Q:

1. What does this mean for me?

Q:

2. Think of a person you really appreciate and who is a role model for you, such as something you admire for what the person does or has done (historical people, friends, family, from fairy tales,...

Q:

5. List at least three personal roles that you want to perform better. What can you imagine doing to perform better in these three personal roles. Use tomorrow to improve what you think can be...