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  1. #1
    Schuba's Avatar
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    Is anyone here good at Economics?

    This is my last problem and I can't figure out how to do it to save my life.
    https://prntscr.com/503lbb
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  2. #2
    We always want to see what is hidden by what we see.
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    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


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    Schuba (10-26-2014)

  4. #3
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    Quote Originally Posted by Cataclypse View Post
    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!
    Last edited by Schuba; 10-26-2014 at 06:30 PM.
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  5. #4
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    Quote Originally Posted by Schuba View Post
    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.


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    Schuba (10-26-2014)

  7. #5
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    Quote Originally Posted by Cataclypse View Post


    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.
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  9. #6
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    this is not economics
    this is year 5 mathematics
    d e a d b o y s
    Quote Originally Posted by Dave84311 View Post
    What do you call a troll with shitty jokes?
    Trollaux
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    Foot job with lots of oil.
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    If she's 12, I'm 12.

  10. #7
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    Quote Originally Posted by Schuba View Post
    Okay awesome THANKS. This helped me so much, I appreciate it.
    No problem buddy! Good luck in Econ


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  11. #8
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    Quote Originally Posted by Cataclypse View Post


    No problem buddy! Good luck in Econ
    Just did the work and got a 100!
    @Trollaux tell that to my Microeconomics 201 Professor?
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  12. #9
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    Quote Originally Posted by Schuba View Post
    Just did the work and got a 100!
    @Trollaux tell that to my Microeconomics 201 Professor?
    double major in finance and mathematics

    d e a d b o y s
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    What do you call a troll with shitty jokes?
    Trollaux
    Quote Originally Posted by Kyeran View Post
    Foot job with lots of oil.
    Quote Originally Posted by Kyeran View Post
    If she's 12, I'm 12.

  13. #10
    Aborted's Avatar
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    Quote Originally Posted by Trollaux View Post


    double major in finance and mathematics

    Good luck once you actually try to apply your knowledge in real-world scenarios.
    I am the seer in the dark,
    the vagabond of yore,
    valediction.
    I am the sum of all your parts,
    and proprietor of all.
    A miasma,
    the conclusion,
    blackmonger of Inlé,
    valediction.
    Synapses fray,
    my form now vivid,
    as torpor sets and blood grows tepid.
    With every ounce of flesh now offered,
    I hold your corpse within my coffers.
    Knitted cells now split asunder,
    stand alongside me brother.
    Take your place amongst my Owsla,
    we march at dawn now and forever.


  14. #11
    Schuba's Avatar
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    Quote Originally Posted by Trollaux View Post


    double major in finance and mathematics

    That's awesome, I'm happy for you.
    Contrary to your original post though, it's not year 5 mathematics.
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  15. #12
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    I am good at economics.....

    economically good at fucking your mom

  16. #13
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    Quote Originally Posted by Lucifer. View Post
    I am good at economics.....

    economically good at fucking your mom
    Nice name change, and oh is that so?
    Quote Originally Posted by Hova View Post
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