Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. is my answer suppose to be 5? since they can not p

Is my answer suppose to be 5? Since they can not produce at decimal. ...

60.1K

Verified Solution

Question

Accounting

imageIs my answer suppose to be 5? Since they can not produce at decimal.

Supply in a Competitive Market - End of Chapter Problem Hack's Berries faces a short-run total cost of production given by TC=Q312Q2+100Q+1,000 where Q is the number of crates of berries produced per day. a. What is Hack's fixed cost (FC) ? FC=$ b. What is the equation for Hack's short-run average variable cost(AVC) ? AVC= c. If berries sell for $60 per crate, how many berries should Hack produce?(Hint: must first find minimum AVC - recall two ways to find this learned in Unit 3) Incorrect

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students