Recent Posts • Latest Topics • Unanswered Questions

Relationship between Short and Long Run Average CostsThe table shows information about Umbrella ...

conrad136

wrote...

Go to Answer

Posts: 121

Rep:

A year ago

Relationship between Short and Long Run Average CostsThe table shows information about Umbrella ...

Relationship between Short and Long Run Average Costs

The table shows information about Umbrella Corporation's short-run costs.

Quantity of Prescription Drugs	Total Fixed Cost	Total Variable Cost	Total Cost
0	$4000
1		$7
2		$14
3		$21
4			$4028

What is the average fixed cost of producing 4 prescription drugs? What is the average variable cost?
What is the average total cost of producing 2 prescription drugs? What is the marginal cost?

▸ $2000, $7, $2007, $2000

▸ $2000, $21, $2007, $2000

▸ $1000, $7, $2007, $2000

▸ $1000, $7, $2007, $7

Textbook

Macroeconomics

Edition: 3^rd

Authors: Acemoglu, Laibson, List

Read 48 times

1 Reply

Report

Replies

Answer verified by a subject expert

miemitch

wrote...

Posts: 144

Rep:

A year ago

More solutions for this book are available here

This verified answer contains over 140 words.

1 Vote

bio_man

Report

Related Topics

conrad136 Author

wrote...

A year ago

Thanks for your help!!

Mkersey12

wrote...

Yesterday

This site is awesome

branbran2k16

wrote...

2 hours ago

Thanks

New Topic

Quick Reply

Explore

Post your homework questions and get free online help from our incredible volunteers

1234 People Browsing

121 Signed Up Today

Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook

Live Chat

Related Images

113

190

Your Opinion

Previous poll results: Do you believe in global warming?

The Toxic Skin and Fungi Defense

Courses by Biology Forums

Strange Ingredients Lurking in Doritos Chips

Bonobos, Chimpanzees, and the 98% DNA Link

It's sore throat season, why does my mucus have red spots?

Ready to ask a question on Biology Forums? Try it out

Join Our Community

Biology Forums - Study Force is a free online homework help service catered towards college and high school students. Get homework help and answers to your toughest questions in biology, chemistry, physics, mathematics, engineering, accounting, business, humanities, and more. Master your assignments quickly with thousands of step-by-step solutions to countless textbook questions asked and answered by our members. If we don't have your question, don't worry. You can ask any homework question and get expert homework help in as little as two hours.

Our extensive online study community is made up of college and high school students, teachers, professors, parents and subject enthusiasts who contribute to our vast collection of study resources: textbook solutions, study guides, practice tests, practice problems, lecture notes, equation sheets and more. With our help, your homework will never be the same!

Join for free today

How is Biology Forums - Study Force different than tutoring?

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2024 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.