Problem to solve

DEFINITIONS

  • From the following data, graphically present the Total Cost curves and Unit Cost curves and identify the Break even and Shut down point of a dairy farm.
Y
0
2
5
9
14
19
23
26
28
29
29
28
26
TFC
10
10
10
10
10
10
10
10
10
10
10
10
10
TVC
0
2
4
6
8
10
12
14
15
18
20
22
24
  • From the given data, graphically present the Total Cost curves and Unit Cost curves and identify the Break even point and Shut down point.
Y
0
1
2
3
4
5
6
7
8
TFC
50
50
50
50
50
50
50
50
50
TVC
0
20
35
60
100
145
190
237
284

Last modified: Thursday, 14 June 2012, 11:07 AM