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  1. 1. TC=28,000+950-2.5=28,947.5. TVC=TC-TFC=28,947.5-28,000=947.5 2. AFC=TFC/Q=28,000/10=2,800

    1 Answers · Social Science · 24/11/2010

  2. What's wrong with it? Average fixed cost =100/8=12.5. Only your calculator is out of battery.

    2 Answers · Social Science · 10/11/2010

  3. Take a paper or PC program, put function and range, and you will get results.

    1 Answers · Social Science · 14/05/2008

  4. Usually when the industry requires high level of fixed investment (such as railroads, power generation, water supply). Its what you call a natural monopoly - where its better for one single firm, with one single network or infrastructure. For instance, it would be...

    2 Answers · Social Science · 03/05/2008

  5. AFC = 2, 1, 0.67, 0.5 AVC = 0.4, 0.6, 1, 1.55 AC = 2.4, 1.6, 1.67,2.05 MC = 0.4, 0.8,1.8,3.2 MR = you need pricing info.

    1 Answers · Social Science · 05/12/2013

  6. It intersects the AVC and ATC at the bottom. Because of economies of scale and eventually diseconomies of scale, marginal costs fall as productivity increases. When productivity is at its maximum point marginal...

    3 Answers · Social Science · 04/09/2009

  7. AFC and ATC will shift upward.Because ATC=AFC+AVC. AVC and MC will be the same. The effect is that the profit will be smaller.

    1 Answers · Social Science · 28/05/2012

  8. AFC = FC / Q 24 = FC / 5 FC = 120

    1 Answers · Social Science · 18/04/2011

  9. Average Fixed Cost (AFC) = FC/Q so we would need the AFC... Average Fixed Cost (AFC) = FC/Q Average Variable...

    1 Answers · Social Science · 17/12/2011

  10. A AFC=FC/Q = 300/Q AVC=VC/Q = 40-8Q...

    1 Answers · Social Science · 16/11/2009

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