Production and Costs

Production and Costs - 1428.6 7619.0 23 30000 212000 242000...

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Variable Input Total Product Marginal Product Average Product (Labor) (Buildings Demolished) TP MP AP 0 0 0 1 1 1 1 2 3 2 1.5 3 6 3 2 4 11 5 2.75 5 17 6 3.4 6 21 4 3.5 7 23 2 3.29 8 24 1 3 9 23 -1 2.56 10 20 -3 2 MP per TP per d
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1 2 3 4 5 6 7 8 9 10 11 -4 -2 0 2 4 6 8 MP AP Workers day 1 2 3 4 5 6 7 8 9 10 11 0 5 10 15 20 25 30 TP Workers day
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Average Average Output Fixed Cost Variable Cost Total Cost Marginal Cost Fixed Cost Variable Cost Films FC+VC ΔTC/ΔQ FC/Q VC/Q FC VC TC MC AFC AVC 0 30000 0 30000 1 30000 30000 60000 30000 30000 30000 3 30000 52000 82000 11000 10000 17333.33 6 30000 72000 102000 6666.67 5000.0 12000 11 30000 95000 125000 4600 2727.3 8636.4 17 30000 123000 153000 4666.67 1765 7235.29 21 30000 160000 190000 9250
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Unformatted text preview: 1428.6 7619.0 23 30000 212000 242000 26000 1304.3 9217.4 24 30000 287000 317000 75000 1250.0 11958.3 Average Total Cost TC/Q ATC 60000 27333.33 17000 11363.6 9000 9047.6 10521.7 13208.3 1 2 3 4 5 6 10000 20000 30000 40000 50000 60000 70000 80000 Output per period Cost per period 1 2 3 4 5 6 50000 100000 150000 200000 250000 300000 350000 Output per period Cost per period 7 8 9 MC AFC AVC ATC 7 8 9 FC VC TC...
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This note was uploaded on 04/04/2011 for the course ECO 2252 taught by Professor Edward during the Spring '08 term at Troy.

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Production and Costs - 1428.6 7619.0 23 30000 212000 242000...

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