Solved long run ac=200

a. Determine the total fixed cost for producing 1000 units of output and 500 units of output.

b. What is AFC at:

i. 1000 units of đầu ra b)

ii. 500 units of output iii.

c. Determine TVC, AVC, MC và AC at 50 units of output.

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a). Total fixed cost

at Q=1000

FC = 1500

at Q=500

FC = 1500

b). AFC "= \fracFCQ"

i. At Q = 1000

"AFC = \frac15001000 = 1.5"

ii. At Q = 500

"AFC = \frac1500500=3"

c). TVC = TC – FC = 15Q – 6Q2 + Q3

"AVC = \fracTVCQ = 15 - 6Q + Q^2 \\ AC = \fracTCQ = \frac1500Q+15-6Q+Q^2 \\ MC = \fracdTCdQ=15-12Q+3Q^2"

at Q = 50

"TVC = 15(50) -6(50)^2 + (50)^3 \\ = 750 -15000 + 125000 \\ = 110750 \\ AVC = \fracTVCQ \\ \frac11075050=2215 \\ AC = \frac150050+15 - 6(50)+50^2 \\ = 2245 \\ MC = 15 -12(50) + 3(50)^2 \\ = 6915 \\ TVC = 110750 \\ AVC = 2215 \\ MC = 6915 \\ AC = 2245"

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