Contenu connexe Similaire à 101 lecture 13 Similaire à 101 lecture 13 (20) 101 lecture 132. Key Terms
total cost
profit
explicit costs
implicit costs
economic profit
accounting profit
production function
marginal product
diminishing marginal
product
fixed costs
variable costs
average total costs
average fixed costs
average variable costs
marginal costs
efficient scale
economies of scale
diseconomies of scale
constant returns to scale
32. Fixed
Cost
Q FC
0 100
1
100
2
100
3
100
4
100
5
100
6
100
7
100
8
100
9
100
10
100
33. Fixed
Variable
Cost
Cost
Q FC
VC
0 100
1
100
20
2
100
39
3
100
59
4
100
84
5
100
120
6
100
160
7
100
212
8
100
270
9
100
340
10
100
420
34. Total
Fixed
Variable
Cost
Cost
Cost
TC
Q FC
VC
FC + VC
0 100
100
1
100
20
120
2
100
39
139
3
100
59
159
4
100
84
184
5
100
120
220
6
100
160
260
7
100
212
312
8
100
270
370
9
100
340
440
10
100
420
520
35. Total
Fixed
Variable
Cost
Cost
Cost
TC
Q FC
VC
FC + VC
0 100
100
Average
Fixed
Cost
AFC
FC ÷ Q
1
100
20
120
100
2
100
39
139
50
3
100
59
159
33
4
100
84
184
25
5
100
120
220
20
6
100
160
260
17
7
100
212
312
14
8
100
270
370
13
9
100
340
440
11
10
100
420
520
10
36. Total
Fixed
Variable
Cost
Cost
Cost
TC
Q FC
VC
FC + VC
0 100
100
Average
Average
Fixed
Variable
Cost
Cost
AFC
AVC
FC ÷ Q VC ÷ Q
1
100
20
120
100
20.0
2
100
39
139
50
19.5
3
100
59
159
33
19.7
4
100
84
184
25
21.0
5
100
120
220
20
24.0
6
100
160
260
17
26.7
7
100
212
312
14
30.3
8
100
270
370
13
33.8
9
100
340
440
11
37.8
10
100
420
520
10
42.0
37. Total
Fixed
Variable
Cost
Cost
Cost
TC
Q FC
VC
FC + VC
0 100
100
Average
Average
Average
Fixed
Variable
Total
Cost
Cost
Cost
AFC
AVC
ATC
FC ÷ Q VC ÷ Q TC ÷ Q
1
100
20
120
100
20.0
120.0
2
100
39
139
50
19.5
69.5
3
100
59
159
33
19.7
53.0
4
100
84
184
25
21.0
46.0
5
100
120
220
20
24.0
44.0
6
100
160
260
17
26.7
43.3
7
100
212
312
14
30.3
44.6
8
100
270
370
13
33.8
46.3
9
100
340
440
11
37.8
48.9
10
100
420
520
10
42.0
52.0
38. Total
Fixed
Variable
Cost
Cost
Cost
TC
Q FC
VC
FC + VC
0 100
100
Average
Average
Average
Marginal
Fixed
Variable
Total
Cost
Cost
Cost
Cost
MC
AFC
AVC
ATC
FC ÷ Q VC ÷ Q TC ÷ Q ∆TC ÷ ∆Q
1
100
20
120
100
20.0
120.0
20
2
100
39
139
50
19.5
69.5
19
3
100
59
159
33
19.7
53.0
20
4
100
84
184
25
21.0
46.0
25
5
100
120
220
20
24.0
44.0
36
6
100
160
260
17
26.7
43.3
40
7
100
212
312
14
30.3
44.6
52
8
100
270
370
13
33.8
46.3
58
9
100
340
440
11
37.8
48.9
70
10
100
420
520
10
42.0
52.0
80
48. Accounting Profit =
Total Revenue -
Explicit Costs
100 - 30 = 70
Economic Profit =
Total Revenue -
Explicit Costs - Implicit Cost
100 - 30 - 40 = 30
100
75
50
25
0
Accounting Profit
Economic Profit