Is anyone here good at Economics?

[Schuba]

This is my last problem and I can't figure out how to do it to save my life.
https://prntscr.com/503lbb

[Cataclypse]

Fixed Cost = $25000
Variable Cost = $0, 50000, 85000, 140000, 210000, 315000, 455000 respectively
Total Cost = FC + VC

AFC = Fixed Cost / Quantity of Output
AVC = Variable Cost / Quantity of Output
ATC = Total Cost / Quantity of Output

[Schuba]

Fixed Cost = $25000
Variable Cost = $0, 50000, 85000, 140000, 210000, 315000, 455000 respectively
Total Cost = FC + VC

AFC = Fixed Cost / Quantity of Output
AVC = Variable Cost / Quantity of Output
ATC = Total Cost / Quantity of Output

Thanks so much for the help!

[Cataclypse]

Where do I come up with the missing information? Like how do I find the variable cost and such?
Also thanks a lot for helping with this

Variable cost is the Total cost of output - $25000 whenever the output is greater than 0. Fixed cost is just the cost at 0 output.

[Schuba]

Variable cost is the Total cost of output - $25000 whenever the output is greater than 0. Fixed cost is just the cost at 0 output.

Okay awesome THANKS. This helped me so much, I appreciate it.

[Trollaux]

this is not economics
this is year 5 mathematics

[Cataclypse]

Okay awesome THANKS. This helped me so much, I appreciate it.

No problem buddy! Good luck in Econ

[Schuba]

No problem buddy! Good luck in Econ

Just did the work and got a 100!
@Trollaux tell that to my Microeconomics 201 Professor?

[Trollaux]

Just did the work and got a 100!
@Trollaux tell that to my Microeconomics 201 Professor?

double major in finance and mathematics

[IMG]https://www.gameran*****m/img/12-Jan/mo1.jpg[/IMG]

[Aborted]

double major in finance and mathematics

[IMG]https://www.gameran*****m/img/12-Jan/mo1.jpg[/IMG]

Good luck once you actually try to apply your knowledge in real-world scenarios.

[Schuba]

double major in finance and mathematics

[IMG]https://www.gameran*****m/img/12-Jan/mo1.jpg[/IMG]

That's awesome, I'm happy for you.
Contrary to your original post though, it's not year 5 mathematics.

[Eternity]

I am good at economics.....

economically good at fucking your mom

[Schuba]

I am good at economics.....

economically good at fucking your mom

Nice name change, and oh is that so?