--%>
Assignment Help - homework help

Total variable cost

By refering the following data give the answer of this question . The total variable cost of producing 5 units is: A) $61. B) $48.  C) $37. D) $24.

157_fghghg.png

   Related Questions in Microeconomics

  • Q : Share of wages problem Can someone

    Can someone please help me in finding out the accurate answer from the following question. The elasticity of demand for the labor tends to rise as there are increases in the: (i) Amount of capital utilized in a production procedure. (ii) Rate of automation in industry

    		•
  • Q : Different pure economics rent Pure

    Pure economic rents are different most from economic profits in which they are: (w) received by the owners of productive resources. (x) frequently costs to the firm using the resources which generate them, but not to society as a whol

    		•
  • Q : Calculating opportunity cost The

    The economics professor is paid $90,000 yearly, however knows she could earn $140,000 when she began a consulting firm. The opportunity cost of her university place is: (a) zero. (b) – $90,000. (c) $140,000. (d) $90,000. Choo

    		•
  • Q : Define production function Production

    Production function: This refers to the functional relationship among inputs and outputs.

    		•
  • Q : Shapes of yield curves in marketplace

    What are the three basic shapes of yield curves in the marketplace?

    		•
  • Q : Current consumption over future

    When households’ start increasingly to prefer current consumption over future consumption, in that case the: (w) interest rate rises. (x) interest rate falls. (y) present value of future income rises. (z) equilibrium rate of investment within hu

    		•
  • Q : Goods and services Refer to the above

    Refer to the above data. Choose the right answer from following. Zabella's balance on goods and services illustrates a: A) $5 billion deficit. B) $5 billion surplus. C) $10 billion surplus. D) $15 billion deficit.

    Q : Law of demand is the price in the "law

    is the price in the "law of demand" a relative price or an absolute price

    		•
  • Q : Trade Restrictions of import and export

    Quotas that restricted U.S. imports of foreign steel between 2001 and 2004 because of the: (w) prices paid by U.S. car buyers to rise. (x) price of gasoline to rise sharply. (y) profits of U.S. steelmakers to drop. (z) quantities of European imports t

    		•
  • Q : Long run equilibrium for a purely

    In long-run equilibrium for a purely competitive firm: (w) MC = P = MR = min.(LRAC). (x) MC = TR = PQ = AVC. (y) LRAC = PQ = TVC + TFC = MR. (z) P = Q = wL + rK = Y. Can anybody suggest me the proper explanation fo

    		•