Tables08 - Table 8.1 Short-Run Cost Relations Quantity...

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Table 8.1 Short-Run Cost Relations Quantity Total Cost Marginal Cost Average Cost Q TC= TFC + TVC MC = dTC/dQ TFC TVC AC = TC/Q AFC = TFC/Q AVC = TVC/Q 1 $120 --- $100 $20 100.00 20.00 2 138 18 100 38 69.00 50.00 19.00 3 151 13 100 51 50.33 33.33 17.00 4 162 11 100 62 40.50 25.00 15.50 5 175 13 100 75 35.00 20.00 15.00 6 190 15 100 90 31.67 16.67 15.00 7 210 20 100 110 30.00 14.29 15.71 8 234 24 100 134 29.25 12.50 16.75 9 263 29 100 163 29.22 11.11 18.11 10 300 37 100 200 30.00 10.00 20.00 Total Fixed Cost Total Variable Cost Average Fixed Cost Average Variable Cost
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Table 8.2 Cost-Volume-Profit Analysis for Textbook Publishing Cost Category Dollar Amount Fixed Costs Copyediting and other editorial costs $15,750 Illustrations 32,750 Typesetting 51,500 Total fixed costs $100,000 Variable Costs Printing, binding and paper $22.50 Bookstore discounts 25.00 Sales staff commissions 8.25 Author royalties 10.00 General and administrative costs 26.25 Total variable costs per copy $92.00 List price per copy $100.00
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Table 8.3
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This note was uploaded on 07/31/2011 for the course ECON 1201 taught by Professor Smith during the Spring '11 term at Waseda University.

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Tables08 - Table 8.1 Short-Run Cost Relations Quantity...

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