The short-run cost function of a company is given by the equation tc=1+50q, where tc is the total cost and q is the total quantity of output. a. what is the company's fixed cost? b. if the company produced 2,000 units of goods what would be its average variable cost? c. what would be its marginal cost of production? d. what would be its average fixed cost? e. suppose the company borrows money and expands its factory. its fixed cost rises by $5,000 but its variable cost falls to $45/unit. the cost of interest also enters the equation. each 1 point increase in the interest rate raises costs by $250. write the new cost equation.
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In order to minimize project risk which step comes after the step of identifying risks
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On january 2, well co. purchased 10% of rea, inc.βs outstanding common shares for $400,000, which equaled the carrying amount and the fair value of the interest purchased in reaβs net assets. well did not elect the fair value option. because well is the largest single shareholder in rea, and wellβs officers are a majority on reaβs board of directors, well exercises significant influence over rea. rea reported net income of $500,000 for the year and paid dividends of $150,000. in its december 31 balance sheet, what amount should well report as investment in rea?
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Afirm is producing at minimum average total cost with its current plant. draw the firm's long-run average cost curve. label it. draw a point on the lrac curve at which the firm cannot lower its average total cost. draw the firm's short-run average total cost curve that is consistent with the point you have drawn. label it.g
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The short-run cost function of a company is given by the equation tc=1+50q, where tc is the total co...
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