1 / 15

University of Hawai‘i at Mānoa Department of Economics

University of Hawai‘i at Mānoa Department of Economics. ECON 130 (003): Principles of Economics (Micro) http://www2.hawaii.edu/~lindoj Gerard Russo Lecture #17 Tuesday, March 9, 2004. ANNOUNCEMENTS. REVIEW SESSION Thursday, March 18, 2004, 4:30-5:30 PM BIL 152 MID-TERM EXAMINATION #2

mercury
Télécharger la présentation

University of Hawai‘i at Mānoa Department of Economics

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. University of Hawai‘i at MānoaDepartment of Economics ECON 130 (003): Principles of Economics (Micro) http://www2.hawaii.edu/~lindoj Gerard Russo Lecture #17 Tuesday, March 9, 2004 ECON 130 (003) Spring 2004

  2. ANNOUNCEMENTS • REVIEW SESSION • Thursday, March 18, 2004, 4:30-5:30 PM BIL 152 • MID-TERM EXAMINATION #2 • Tuesday, March 30, 2004, 12:00-1:15 PM BIL 152 ECON 130 (003) Spring 2004

  3. Cost Curves: Homework ECON 130 (003) Spring 2004

  4. Total Cost = 10*Q • Total Fixed Cost = • Total Variable Cost = • Average Total Cost = • Average Fixed Cost = • Average Variable Cost = • Marginal Cost = ECON 130 (003) Spring 2004

  5. Total Cost = 10*Q • Total Fixed Cost = 0 • Total Variable Cost = 10*Q • Average Total Cost = 10 • Average Fixed Cost = 0 • Average Variable Cost = 10 • Marginal Cost = 10 ECON 130 (003) Spring 2004

  6. Total Cost = 100 + 10*Q • Total Fixed Cost = • Total Variable Cost = • Average Total Cost = • Average Fixed Cost = • Average Variable Cost = • Marginal Cost = ECON 130 (003) Spring 2004

  7. Total Cost = 100 + 10*Q • Total Fixed Cost = 100 • Total Variable Cost = 10*Q • Average Total Cost =100/Q + 10 • Average Fixed Cost =100/Q • Average Variable Cost =10 • Marginal Cost =10 ECON 130 (003) Spring 2004

  8. Total Cost = 100 + 10*Q + Q2 • Total Fixed Cost = • Total Variable Cost = • Average Total Cost = • Average Fixed Cost = • Average Variable Cost = • Marginal Cost = ECON 130 (003) Spring 2004

  9. Total Cost = 100 + 10*Q + Q2 • Total Fixed Cost = 100 • Total Variable Cost = 10*Q + Q2 • Average Total Cost = 100/Q + 10 + Q • Average Fixed Cost = 100/Q • Average Variable Cost = 10 + Q • Marginal Cost = 10 + 2*Q ECON 130 (003) Spring 2004

  10. Total Cost = 60*Q – 12*Q2 + Q3 • Total Fixed Cost = • Total Variable Cost = • Average Total Cost = • Average Fixed Cost = • Average Variable Cost = • Marginal Cost = ECON 130 (003) Spring 2004

  11. Total Cost = 60*Q – 12*Q2 + Q3 • Total Fixed Cost = 0 • Total Variable Cost = 60*Q – 12*Q2 + Q3 • Average Total Cost = 60 – 12*Q + Q2 • Average Fixed Cost = 0 • Average Variable Cost = 60 – 12*Q + Q2 • Marginal Cost = 60 – 24*Q + 3*Q2 ECON 130 (003) Spring 2004

  12. TC = 75 + 14*Q – 6*Q2 + Q3 • Total Fixed Cost = • Total Variable Cost = • Average Total Cost = • Average Fixed Cost = • Average Variable Cost = • Marginal Cost = ECON 130 (003) Spring 2004

  13. TC = 75 + 14*Q – 6*Q2 + Q3 • Total Fixed Cost = 75 • Total Variable Cost = 14*Q – 6*Q2 + Q3 • Average Total Cost = 75/Q + 14 – 6*Q + Q2 • Average Fixed Cost = 75/Q • Average Variable Cost = 14 – 6*Q + Q2 • Marginal Cost = 14 – 12*Q + 3*Q2 ECON 130 (003) Spring 2004

  14. TC = 50 + 111*Q – 7*Q2 + (1/3)*Q3 • Total Fixed Cost = • Total Variable Cost = • Average Total Cost = • Average Fixed Cost = • Average Variable Cost = • Marginal Cost = ECON 130 (003) Spring 2004

  15. TC = 50 + 111*Q – 7*Q2 + (1/3)*Q3 • Total Fixed Cost = 50 • Total Variable Cost = 111*Q – 7*Q2 + (1/3)*Q3 • Average Total Cost = 50/Q + 111 – 7*Q + (1/3)*Q2 • Average Fixed Cost = 50/Q • Average Variable Cost = 111 – 7*Q + (1/3)*Q2 • Marginal Cost = 111 – 14*Q + Q2 ECON 130 (003) Spring 2004

More Related