Question - Calculating Variable Costs, Total Costs, Marginal Costs, and Revenues for a Product

Solution:

Since the image presents an economics problem, we'll proceed by defining the economic concepts and then calculate each column accordingly. - Variable Cost (\(CV\)) is the cost that varies with the level of output. - Total Cost (\(CT\)) is the sum of Fixed Cost (\(CF\)) and Variable Cost (\(CV\)). - Marginal Cost (\(CM\)) is the change in Total Cost when output is increased by one unit. - Total Revenue (\(RT\)) is the price (\(P\)) multiplied by the quantity (\(Q\)). - Marginal Revenue (\(RM\)) is the change in Total Revenue when one more unit is sold.

\begin{align*} \text{Given:} \\ & CF = 10 \text{ (Fixed Cost)} \\ & P = 6 \text{ (Price of each unit)} \\ \end{align*}

\begin{align*} \text{For Quantity } (Q) = 0: \\ & CV(0) = Réponse\ 2 = 0 \\ & CT(0) = CF + CV(0) = 10 + 0 = 10 \\ & CM(0) \text{ is not defined as no output is produced.} \\ & RT(0) = P \times Q = 6 \times 0 = 0 \\ & RM(0) \text{ is not defined as no revenue is generated.} \\ \end{align*}

\begin{align*} \text{For Quantity } (Q) = 1: \\ & CV(1) = Réponse\ 7 = 6 \\ & CT(1) = CF + CV(1) = 10 + 6 = 16 \\ & CM(1) = CT(1) - CT(0) = 16 - 10 = 6 \\ & RT(1) = P \times Q = 6 \times 1 = 6 \\ & RM(1) = RT(1) - RT(0) = 6 - 0 = 6 \\ \end{align*}

(Continue calculating for each subsequent quantity in the same manner.)

Note: Due to the unclear resolution and incompleteness of the given table, specific entries cannot be precisely filled in, and some responses are replaced by placeholders (Réponse\ x) which means that the actual numerical values would need to be calculated based on the provided information in the image.

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