{"id":542,"date":"2016-12-02T08:29:35","date_gmt":"2016-12-02T16:29:35","guid":{"rendered":"https:\/\/pages.palomar.edu\/jesteban\/?page_id=542"},"modified":"2016-12-02T08:31:55","modified_gmt":"2016-12-02T16:31:55","slug":"lesson-2-download-exercises","status":"publish","type":"page","link":"https:\/\/pages.palomar.edu\/jesteban\/lesson-2-download-exercises\/","title":{"rendered":"Lesson 2 – download exercises"},"content":{"rendered":"

Have you learned all there is to know about the cost per unit curves?\u00a0 Check your knowledge with the worksheets below:<\/h2>\n

1) Complete the table below by calculating the missing data:<\/p>\n\n\n\n\n\n\n\n\n\n\n
Edit<\/a><\/caption>\n
Quantity<\/th>\nTotal Fixed Cost<\/th>\nTotal Variable Cost<\/th>\nTotal Cost<\/th>\nAverage Fixed Cost<\/th>\nAverage Variable Cost<\/th>\nAverage Total Cost<\/th>\n<\/tr>\n<\/thead>\n
0<\/td>\n$300<\/td>\n$0<\/td>\n300<\/td>\n—<\/td>\n—<\/td>\n—<\/td>\n<\/tr>\n
1<\/td>\n<\/td>\n$75<\/td>\n<\/td>\n<\/td>\n75<\/td>\n<\/td>\n<\/tr>\n
2<\/td>\n<\/td>\n<\/td>\n420<\/td>\n150<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
3<\/td>\n$300<\/td>\n$150<\/td>\n450<\/td>\n<\/td>\n<\/td>\n150<\/td>\n<\/tr>\n
4<\/td>\n<\/td>\n$360<\/td>\n<\/td>\n<\/td>\n90<\/td>\n<\/td>\n<\/tr>\n
5<\/td>\n<\/td>\n$600<\/td>\n900<\/td>\n<\/td>\n<\/td>\n180<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

2) Graph the per unit (last three columns) cost curves for the table above.<\/p>\n

3) Explain what would happen to the per unit cost tables if total fixed cost went up by $50.<\/p>\n

4) Explain what would happen if variable cost went up by $30 at every level of production starting with unit 1.<\/p>\n

5) Graph the average cost and average variable cost curves from numbers 3 and\u00a0 4 above.<\/p>\n","protected":false},"excerpt":{"rendered":"

Have you learned all there is to know about the cost per unit curves?\u00a0 Check your knowledge with the worksheets below: 1) Complete the table below by calculating the missing data: Edit Quantity Total Fixed Cost Total Variable Cost Total … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":115,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-542","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/pages.palomar.edu\/jesteban\/wp-json\/wp\/v2\/pages\/542","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pages.palomar.edu\/jesteban\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/pages.palomar.edu\/jesteban\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/pages.palomar.edu\/jesteban\/wp-json\/wp\/v2\/users\/115"}],"replies":[{"embeddable":true,"href":"https:\/\/pages.palomar.edu\/jesteban\/wp-json\/wp\/v2\/comments?post=542"}],"version-history":[{"count":2,"href":"https:\/\/pages.palomar.edu\/jesteban\/wp-json\/wp\/v2\/pages\/542\/revisions"}],"predecessor-version":[{"id":544,"href":"https:\/\/pages.palomar.edu\/jesteban\/wp-json\/wp\/v2\/pages\/542\/revisions\/544"}],"wp:attachment":[{"href":"https:\/\/pages.palomar.edu\/jesteban\/wp-json\/wp\/v2\/media?parent=542"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}