6.50 per disc. The 'free' disc is not counted !
The brakes can cost as low as $15, to as high as $50, and the discs can cost somewhere between $65 to $200. Total it an range from $80 to $250 if a person is doing it on their own.
The first blank Compact Discs were introduced in 1988. They were not used by the general public as the equipment required to record on them could cost up to $35,000.
The first blank Compact Discs were introduced in 1988. They were not used by the general public as the equipment required to record on them could cost up to $35,000.
Marginal cost is the additional cost incurred by producing one more unit of a good or service. It is calculated by dividing the change in total cost by the change in quantity produced. Total cost, on the other hand, is the sum of all costs incurred in producing a certain quantity of goods or services. The relationship between marginal cost and total cost is that marginal cost affects the total cost by showing how much the cost increases when producing additional units. When marginal cost is less than average total cost, total cost decreases. When marginal cost is greater than average total cost, total cost increases.
To calculate profit when quantity is added, you need to subtract the total cost of producing the additional quantity from the revenue generated by selling that quantity. The profit formula is: Profit = Total Revenue - Total Cost. Determine the additional revenue and additional cost associated with the added quantity to calculate the profit accurately.
14.55
Just cost me $1000, apparently they are not allowed to machine the discs?!!
Marginal cost is the increase or decrease in the total cost of a production run for making one additional unit of an item.
When marginal cost is below average total cost, average total cost tends to fall, as each additional unit produced is less expensive than the average of previous units. Conversely, when marginal cost is above average total cost, average total cost rises, since producing additional units adds more cost than the average. Thus, if marginal cost is falling while it is below average total cost, it could lead to a further decrease in average total cost, while rising marginal cost above average total cost would increase it.
A firm calculates its marginal cost by determining the change in total cost that results from producing one additional unit of output. This is done by dividing the change in total cost by the change in quantity produced.
The cost curves best tells us the relationship between the marginal cost and average total cost. The average fixed cost (AFC) curve will decline as additional units are produced, and continue to decline.
To determine the marginal cost in economics, you calculate the change in total cost when producing one additional unit of a good or service. This can be done by dividing the change in total cost by the change in quantity produced.