Should I drop this class?
June 27, 2010 1:28 PM Subscribe
A desperate college student needs your advice, and also needs his homework checked.
posted by andrewsa to Education (24 answers total)
Back story: So I've made a horrible, horrible mistake, I decided to take economics as a six week summer school course at my local community college, in California. I took the class at the last minute because all other classes were full. I genuinely believed it would consist of logistics and word problems, which I have a knack for. Little did I realize it would revolve around acronyms consisting of Total Variable Costs, Marginal Costs, etc, etc. I've since learned my lesson in taking classes I have not previously researched.
As I mentioned, the course is six weeks, class occurs twice a week. Tomorrow will mark my fourth week. I have failed two exams. Tuesday is the last day to withdraw from the class and receive a W rather than an F. Tuesday also happens to be the day of our next exam. My first question is, should I cut my losses and withdraw from the class? Or, should I tough it out and shoot for a passing grade? Is it even feasible at this point?
Column F has me completely stumped, I need to compute Total Cost, but to do so, I need to know both total fixed costs and total variable costs, of which I do not have total variable cost. To calculate total variable cost, I would need to multiply average variable cost by output, but average variable cost is marked as minimum, which is indicated at the bottom as "ATC and AVC equal Marginal Cost when they (ATC and AVC) are at their minimums." What does this mean? Will I need to find marginal cost? Will I need to create a graph?
Thanks in advance to anyone who even bothers to glance at this. Seriously, thank you.