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Why does MC cut average cost curve?
The marginal cost (MC) curve cuts the average cost (AC) curve at its lowest point because when MC is less than AC, producing an additional unit lowers the average cost. Conversely, when MC is greater than AC, producing an additional unit raises the average cost. Therefore, the intersection point signifies the minimum average cost, where the cost of producing one more unit neither increases nor decreases the average cost. This relationship is fundamental in understanding production efficiency in economics.
What the average prices of an AC unit?
The average price for a AC unit is about $100-1400, but it really depends on the size you want the AC. For example if you want a huge AC it will cost a little over $1000. But you want a good midsize AC (that fits through your windows) those are over $200 or more.
Why mc intersect or cuts ac at its minimum point?
because at the minimum costs the adition costs(MC) is equal to average costs(AC) and which is a cost of single unit.
How much energy does an AC unit use on average?
On average, an AC unit uses about 3,000 to 5,000 watts of energy per hour.
How much does it cost to run a 220 ac window unit a month?
The cost to run a 220 AC window unit for a month depends on its energy efficiency, local electricity rates, and usage patterns. On average, if the unit consumes about 1,500 watts and runs for 8 hours a day, it could cost around $50 to $100 per month, given an average electricity rate of $0.13 per kWh. To get a more accurate estimate, check the unit's energy rating and your local electricity costs.
How much does a contactor cost on a home ac unit?
To purchase a home AC you buy the unit and that includes installation. Depending on the unit it will cost from 8,000 and up. I just recently put a new one on the house and the entire cost was 12,000, but I also replaced the ducts.
What is the difference between unit cost and cost per unit?
nit cost is the average cost of making a product and cost per unit is the marginal cost
What is the average cost of AC coil replacement?
The average cost of AC coil replacement is typically between 900 and 2,000, depending on the type of coil and the complexity of the installation.
How much do AC coils cost and what factors can affect the price of AC coils?
The cost of AC coils can vary depending on factors such as the brand, size, material, and efficiency rating. On average, AC coils can range from 200 to 1500. Factors that can affect the price include the brand reputation, size of the unit, material quality, and the level of energy efficiency.
How much does it cost to have freon put in home ac unit?
4 pounds
What is cost to replace circuit board on carrier 24APA5 ac unit?
77070
How much is average cost of ac unit for a 2 story 2300 sq ft home?
In the hot months. From july-September it can cost $350-$400 depends on how often you use it. It can cost more if your using it during the peak time.
