Amy Hemphill ECO 550 Chapter 9 & 10 CYU

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Amy Hemphill

ECO 550 Chapters 9 & 10 Check Your Understanding

Chapter 9—3, 4, & 5

a. VC = AVC(Q)
VC = 1.24Q + .0033Q2 + .0000029Q3 − .000046Q2Z − .026QZ + .00018QZ2
b. MC = 1.24 + .0066Q + .0000087Q2 − .000092QZ − .026Z + .00018Z2
c. Z = 150(thousand) kilowatts

SRAVC = 1.24 + .0033Q + .0000029Q2 − .000046Q(150) − .026(150) + .00018(150)2

SRAVC = 1.39 − .0036Q + .0000029Q2SRMC = 1.24 + .0066Q + .0000087Q2 − .000092Q(150) − .026(150) + .00018(150)2SRMC = 1.39 − .0072Q + .0000087Q2

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Amy Hemphill ECO 550 Chapters 9 & 10 Check Your Understanding

Amy Hemphill ECO 550 Chapters 9 & 10 Check Your Understanding Chapter 9—3, 4, & 5 #3 a. VC = AVC(Q) VC = 1.24Q + .0033Q2 + .0000029Q3 − .000046Q2Z − .026QZ + .00018QZ2 b. MC = 1.24 + .0066Q + .0000087Q2 − .000092...

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Amy Hemphill ECO 550 Chapter 9 & 10 CYU

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