If the explicit cost of producing each chair is $27 and the implicit cost is $11, then what is XYZ company's total opportunity cost for producing 603 chairs? total opportunity cost: $ Calculate XYZ company's economic profit for this week. economic profit: $

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A: The formula for Celsius to Fahrenheit tis given as F=95C+3295C=F-32C=59F-1609

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Q: TC (q) = 468q+50q² P-1300-2Q MC (q) = 468 +100q MR = 1100 The functions below can pertain to a…

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A: Marginal Cost refers to the change in the total cost of one extra unit of output produced.

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A:

Q: how do you define Aggregate Demand?

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Q: A Cooling Tower initially costs P16,450 and has a salvage value of P880 at the end of its economic…

A: Initial Cost = 16,450 Salvage Value = 880 n = 7 r = 0.068

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A:

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Q: What is an opportunity cost

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Short-Run Costs and Long-Run Costs

Cost of short-run and the long-run is an economic term that describes the cost involved in the production of goods in a firm in the short as well as long period.