Question #2002369: Other Economics Problems


Question: Firms fixed cost for zero (0) units of output and its average total cost of producing different output levels are summarized in the table. Complete the table to find the fixed cost, variable cost, total cost, average fixed cost, average variable cost and Marginal cost at all relevant levels of output.

Q FC VC FC AFC AVC ATC MC

0 $10,000 —-

100 $200.00
200 125
300 133 1/3
400 150
500 200
600 250

Solution: The solution consists of 145 words (1 page)
Deliverables: Word Document

Like it? Share with your friends!

0

log in

reset password

Back to
log in
Do NOT follow this link or you will be banned from the site!