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Average Variable Cost = Total Variable Cost/ Quantity Average Cost = Average Fixed Cost + Average Variable Cost Average Cost = Total Cost/Quantity
add up the short run variable data (TC) and divide by quantity of that column (Q).
the average variable cost curve and average cost curve are u- shaped because of the law of variable proportions.
Average total cost is the average of all your costs. This is your Fixed Costs and your Variable costs. Average Variable Cost is the average of your costs that can fluctuate.
When average variable costs equal to the average marginal cost, the average variable cost will be at the minimum point. i.e. lowest cost
Average Variable Cost = Total Variable Cost/ Quantity Average Cost = Average Fixed Cost + Average Variable Cost Average Cost = Total Cost/Quantity
add up the short run variable data (TC) and divide by quantity of that column (Q).
the average variable cost curve and average cost curve are u- shaped because of the law of variable proportions.
Average total cost is the average of all your costs. This is your Fixed Costs and your Variable costs. Average Variable Cost is the average of your costs that can fluctuate.
When an object is moving along a straight line at a variable speed, we can express the magnitude of the rate of motion in terms of average velocity.It is the same way as we calculate average speed.
Shipping costs vary according to weight, location from which the item is shipped, and location to which the item is shipped. Another variable is associated with the transit time from origin to destination.
When average variable costs equal to the average marginal cost, the average variable cost will be at the minimum point. i.e. lowest cost
You are asking two different questions here. At Breakeven, there is no profit. So the questions are: At what selling price do you breakeven?; and At what selling price do you make a profit of 30,000? The formula is the same for both questions: P = Q(S - C) - F Where P=profit, Q=quantity sold, S=selling price, C=variable cost per unit and F=fixed costs. At breakeven: 0 = 3000(S-150) - 45000 or 3000(S) = 495,000 so S=165 Then, for your given profit: 30,000 = 3000(S-150) - 45000 or 3000(S) = 525,000 so S=175
wholesale A
how we calculate the average of activa
in the produce industry
average fixed will go down, average variable will remain the same, and average total will go down.