What is the variable cost and total cost, Microeconomics

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What is the variable cost and total cost

Profit=100Q-5000-0.2Q^2
where q is the quantity of widgets produced

What is the price of widgets?
What is the total cost function?
if output is 200 units what is the variable cost and total cost?
what is the profit maximizing level of output for this producer
will the producer make a positive or negative profit at this level of output

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Microeconomics: What is the variable cost and total cost

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Microeconomics: What is the variable cost and total cost

Reference No:- TGS050602

Have a Question? (oR Write a Review)

Recent Questions Asked Microeconomics

Q : How consumption of product differ if controlled by monopoly

Q : What is the mc of producing additional engine

Q : Prepare a master budget for each

Q : Memo to your senior staff-performance measurement

Q : What is the variable cost and total cost

Q : Prepare all journal entries necessary through june

Q : Evaluate financial performance of company using information

Q : Considering investing in an annuity contract

Q : Prepare the journal entries to record the payment

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Request for Solution File

Ask an Expert for Answer!!

Microeconomics: What is the variable cost and total cost

Reference No:- TGS050602

Recent Questions Asked Microeconomics

Q : How consumption of product differ if controlled by monopoly

Q : What is the mc of producing additional engine

Q : Prepare a master budget for each

Q : Memo to your senior staff-performance measurement

Q : What is the variable cost and total cost

Q : Prepare all journal entries necessary through june

Q : Evaluate financial performance of company using information

Q : Considering investing in an annuity contract

Q : Prepare the journal entries to record the payment

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