in between 12 and 24 dollars
What is the relation ship between total fixed cost and output?
estimated cost
profit or loss
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.
Varable cost and fixed cost
You can write two equations. One for the total number of pizzas; X + Y = 32 ; and another for the total cost; 15X + 18Y = 537. Solve these simultaneously to get the number of large pizzas, X ,and the number of extra large, Y.
$100.24
100.24
yor dutt
total variable cost
The difference between total customer value and total customer cost is__________.
What is the relation ship between total fixed cost and output?
estimated cost
profit or loss
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.
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.
Margianal cost curve crosses the average total cost curve at the lowest point on the average total cost curve to be socially and ecomonical efficient.