1. Please, fill in the table. Long-run is considered. Maximum – 20%
Q
AFC
VC
ATC
MC
TC
AVC
FC
0
1
50
2
45
30
3
4
140
5
150
Методика решения. Сначала записывается формула, которую Вы будете
использовать, затем следует четко прописанное решение. Если студент
напишет только ответ, задание не будет зачтено
2. Person A currently works for a university. She is considering opening his
own business, where he expects to earn KZT 3,500,000 per year. To run her
own firm, she would need an office and an office manager. She has found
the perfect office, which rents for KZT 1,000,000 per year. An office
manager could be hired for KZT 510,000 per year. Person A also needs to
make a repair in the office which will cost her KZT 60,000 and makes an
advertising company which will cost her KZT 100,000. Her current annual
salary at a university is KZT 2,550,000. If these figures are accurate, would
her own business be profitable? Please, provide all the calculations needed
and logical explanation for your answer. Maximum – 20%
Explicit cost=1000000+510000+60000+10000=1670000
Economic profit=3500000-1670000-2550000=-720000
No. her business would not be profitable.
Her business will be profitable if she only earns 3500000 per year in net profit,
and if she leaves her real job where she earns 2.5 million and also does not
take into account the costs of the office and employee at least, this business is
no longer considered profitable, if she keeps her real job, then her business
can be profitable as an additional income, you can also consider the growth of
the company, but this is not indicated here
Her expenses come out to 1510000 and plus another 100 thousand is the
advertising budget, this is already lower than her salary at the University,
therefore her business will not be profitable.
3. The information about the costs of a firm is given below. Fixed costs are equal 38 y.e.
Please, fill in the table and build graphs of: FC, VC, TC on a separate Excel sheet,
graphs of: AFC, AVC and ATC on a separate Excel sheet, graphs of ATC and MC
on a separate Excel sheet. Under what volume of the production a company should
stop the production process?Maximum – 35%
Q
FC
VC
AC
TC
MC
AFC
AVC
0
0
1
14
2
30
3
40
