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  1. In fact, if only given TP, we cannot calculate AFC since one is about the amount of product, and another one is about the amount...

    2 Answers · Social Science · 21/04/2013

  2. ...25] = 1562.5 - 1875 + 1500 = 1187.5 TC = TVC + TFC = 2187.5 b) AFC = TFC/Q, AVC = TVC/Q, ATC = TC...

    1 Answers · Social Science · 10/04/2013

  3. true.

    2 Answers · Social Science · 05/05/2013

  4. ...that cannot be changed in the short run AVC = VC/x AFC = FC/x MC = ∂C/∂x ≈ (C2-C1)/(x2-x1) <...

    1 Answers · Social Science · 09/04/2013

  5. a. AFC b. ATC c. AVC d. MC

    1 Answers · Social Science · 04/04/2013

  6. ...(workers per day) || Total Product (candles) || AFC || AVC || ATC || MC || 1 || 45 || 70/45 = 1.6 || 80/45 = 1.8...

    1 Answers · Social Science · 15/03/2013

  7. ...to mean ATC) Q TC ATC AVC AFC MC 0 $450,000 - - - - 1 490,000 490,000 40...

    1 Answers · Social Science · 17/03/2013

  8. Only D is correct. It will intersect AC and AVC at the minimum point, and not AFC.

    3 Answers · Social Science · 17/03/2013

  9. ...from one more unit of output, so between Q of 0 and 1 it's (70-50) = 20. AFC is TFC divided by output, so e.g. for Q of 5 it'...

    2 Answers · Social Science · 19/02/2013

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