A parking lot charges $2 per hour for the first 4 hours, then $3 per hour after that. Which equation(s) describes the total cost y as a function of the hours x? A) y= 3x+8 B) y= 2x+12 C) y= 2x for x of 4 or less / y= 2x+3x for x of 5 or more  D) y= 2x for x of 4 or less / y= 8+3 (x-4) for x of 5 or more

Q: What is the value of the exponent in the costcapacity equation if a pump half the size of a similar,…

A: The value of correlation exponent can be calculated as follows:

Q: The total cost equation for producing X widgets is given by TC = $1,000 + $6X. The average cost per…

A: Answer - Given in the question - TC = $1,000 + $6X Here  TC = Total cost  X is no. of widget  Need…

Q: When the production volume (Q)is 50 units the total costs (TC)is (1500)omani RIyals and fixed costs…

A: Variable cost = Total cost- Fixed cost Average variable cost = Variable cost / Quanity produced

Q: Find total cost if average cost is $11 and the output is 24 units

A: Average Cost (AC): - it is the average value of total cost incurred on a specific unite of output.…

Q: Find total cost if fixed cost and variable cost are $300 and $100 respectively

A: The data presented in the question above is:- Fixed cost of firm = $300 Variable cost of firm = $100…

Q: If fixed cost decreases to $16,000, does this change the production decision of the airline in the…

A: There are two types of costs, one is fixed and other is variable.Fixed cost does not depend on…

Q: The fixed cost of a firm is 32000, the variable cost is 5 per unit, and the labour Cost is 10x².…

A: The total cost is the sum of the variable cost and the fixed cost. The total cost is the cost of…

Q: A firm manufacture robots, for which $10000 machinary is used. The additional per unit cost is $100.…

A: Given fixed cost = $10000 Variable costs = $100 Number of units = 5

Q: A labor crew for placing concrete consists of one labor foreman at $26.70 per hour, one cement…

A: Duration (D) in 8 hours. One labor cost (LC) is $26.7. One cement finisher (CF) is 29.30. one…

Q: The Department of Defense uses area cost factors (ACFs) to compensate for differences in…

A: Cost in H and M regions (CH) is $2.19. cost in M and A region (CM) is $0.83. cold storage cost in M…

Q: Using the Unit Method preliminary cost evaluation technique. Find the total cost of constructing 22…

A: Unit Method is a very simple and quick method. Number of units are counted and are then multiplied…

Q: What will be the value of  average cost if Total cost is $405 and the output is 30 units

A: The data presented in the question above is:- Total cost = $405  Output = 30 units  We need to find…

Q: Develop a plot of the average cost per unit versus production quantity for the houseware appliance…

A: a) Average cost (AC) = Total cost / Number of units Where Total cost = Fixed cost + Variable cost…

Q: If the total fixed cost is given as $320 And the total variable cost is given as $ 480 What would be…

A:

Q: Find the minimum value of the average cost for the given cost function on the given intervals. C(x)…

A: (a) C(x) =x3+28x+128minimum value of the average cost over the interval 1≤x≤10Finding out average…

Q: Find the average fixed cost when the total fixed cost is 156 and the number of quantity is 12 units?

A:

Q: A Company produces 100 pendants per day. The total fixed cost for the plant is $5000 and the total…

A: The estimated average total cost (ATC) is equal to the total fixed and variable costs divided by the…

Q: If the total quantity is 100, the average fixed cost is 10, then we can say that the total fixed…

A: Fixed cost is that cost which remains the same irrespective of the quantity produced by the firm.

Q: Suppose that a manufacturer of widgets has fixed costs of $1000 per month and that the variable cost…

A: A linear equation is a mathematical equation of degree one that yields a line on the cartesian plane…

Q: A local non-profit group prints a weekly newsletter. Professional typists earn $10 per hour and can…

A: Assumptions:- Group of answer choices 5 pros + 0 volunteers ; $0 lunch and driving 0 pros + 10…

Q: Calculate the total cost if average total cost is $35 and the unit of output is 22 units

A: The Given information is as follows:- Average total cost of the firm = $35 Units of output = 22…

Q: Based on the following function AC=(48/Q)+3Q+10, then the Fixed cost is A) 48 B) 9 C) 18/Q D) 18

A: Fixed costs refer to the expenses that are incurred for the production of goods that would remain…

Q: If the fixed cost of producing output Y is P150,000, variable cost is P300 per unit and the price of…

A: Introduction Fixed cost = P 150,000 Variable cost = P 300 per unit Price = P 600 per unit Production…

Q: n the aftermath of a hurricane, an entrepreneur took a one-month leave of absence (without pay)…

A: "Since you have asked multiple parts, we will solve only the first part for you. If you have any…

Q: a) Estimate from the graph i) the break-even points e) How would your answers for break-even points…

A: (a) The breakeven point is a situation where revenue earned by the firm is exactly equal to its cost…

Q: MC=500Q2√Q3+5 (b) Find the total cost function

A: Marginal cost is defined as the cost which is incurred by the producer in order to produce one more…

Q: The cost, in billions of dollars, of airing æ five-second hologram actic Chess game can be…

A: ‘Average cost’: ‘Average cost’ is the ‘total cost’ divided by the number of units of the good. It…

Q: Find total cost if average cost is $31 and the output is 60 units

A: The data presented in the question above is:- Total cost is to be calculated using information given…

Q: What will be the average fixed cost if TFC Is $350 and the output is 50 units

A: Fixed cost is the cost that remains fixed at all levels of output. This is the cost that is…

Q: If total cost is $370 Find the value of total fixed cost if total variable cost is $210

A: According to the above given question, the values given are:- Total cost = $370 Total fixed cost = ?…

Q: The total cost (in dollars) of manufacturing x auto body frames is C(x) = 30,000 + 200x. (A) Find…

A: Total cost : C(X)= 30000+ 200x Average cost is given by : total cost / output So in the above…

Q: Given that fixed cost =230 and variable cost=12Q ; the total cost of producing 30 units of output…

A: The amount of product produced determines variable costs. Labor, commissions, and raw materials are…

Q: Define the term Cost Reduction?

A: Cost reduction is the mechanism that businesses use to cut costs and increase profits.

Q: For the following problem, what would be the objective function that aims at minimizing the total…

A: Given,

Q: A cost function, Cix), is given below. Find the average cost per item when the required number of…

A: A cost function is a mathematical formula that illustrates how manufacturing costs change in…

Q: how to calculate total cost analysis

A: Objectives to calculate total cost analysis : Understand and define the critical variable and fixed…

Q: If the Total variable cost is 60units and the given quantity is 3 Find the average variable cost

A:

Q: Michael must pay $700 for a statistical package, plus $140 for each additional analysis add-on. Find…

A: The cost for a statistical package is fixed is fixed because it must pay.  The cost of analysis is…

Q: Which of the following cost behavior assumptions is false? (You may select morethan one answer.)a.…

A: The cost behavior assumption “variable cost per unit increases as the activity increases” is a false…

Q: A construction crew (that is currently unemployed and receiving $10/hr. in benefits) to fix a road.…

A: In the question above, it is given : Unemployed Crew is receiving $ 10 per hour in benefits. Cost…

Q: Fixed cost is a. Any cost that does not vary with the quantity of output. b. The ratio of total cost…

A: Companies have different costs linked to their company. These expenses are broken down by the…

Q: a company makes coffee mugs it costs them $8 per mug to make the mugs in addition to their daily…

A: The profit that the firm earns can be calculated by subtracting the total cost from the total…

Q: Ace Shoe Company sells heel replacement kits for men's shoes. It has fixed costs of $6 million and…

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…

Q: Find the total cost if the fixed cost is $13 and the variable cost is $16

A: Actually in the given question, Fixed cost is = $13 Variable cost is given as = $16 Total cost = ?

Q: If the total cost function for a product is C(x) = (x+5)° dollars, where x represents the number of…

A: Given, Total cost, C(x)=x+53 The average cost, AC(x) = C(x)/x AC(x) = x+53x To find the units which…

Q: Total Cost = C(x) = 0,005x^3 - 0,49x Lnx +5x Find : a. Average Cost Function b. Average Cost…

A: Average cost (AC) = C(x) / x AC = 0.005x2 - 0.49 Lnx + 5

Q: Calculate the average cost when the total cost for the production of 3 units is $75

A: # Average cost is given as the ratio of total cost and the total quantity produces. That it:- AC =…

Q: Q.6 To express relationship between the average cost functions, which of the following is true: (a)…

A: # We know well that the total cost function is given by the sum of total fixed cost and total…

Q: A firm manufacture robots, for which $10000 machinary is used. The additional per unit cost is $100.…

A: Here machinary is the fixed cost = $10000 Variable costs = $100 Number of units = 5