Homework Answers
| Q | TFC | TVC | TC | AFC | AVC | ATC | MC |
| 0 | 200 | 0 | 200 | ||||
| 1 | 200 | 50 | 250 | 200 | 50 | 250 | 50 |
| 2 | 200 | 90 | 290 | 100 | 45 | 145 | 40 |
| 3 | 200 | 120 | 320 | 66.67 | 40 | 106.67 | 30 |
| 4 | 200 | 160 | 360 | 50 | 40 | 90 | 40 |
| 5 | 200 | 220 | 420 | 40 | 44 | 84 | 60 |
| 6 | 200 | 300 | 500 | 33.33 | 50 | 83.33 | 80 |
| 7 | 200 | 400 | 600 | 28.57 | 57.14 | 85.71 | 100 |
| 8 | 200 | 520 | 720 | 25 | 65 | 90 | 120 |
| 9 | 200 | 670 | 870 | 22.22 | 74.44 | 96.67 | 150 |
| 10 | 200 | 900 | 1100 | 20 | 90 | 110 | 230 |
TC=TFC+TVC
AFC=FC/Q
ATC=TC/Q
MC=Change in TC/change in Q
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QUESTION 5 The table at the bottom of the page is a schedule of a firm's...
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Let F be the fixed cost of production, let VC be the variable cost of production,...
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see When completed, the Worksheet table below describes the short run cost behaviour of ALEX, a company that manufactures a standard type of industrial cappuccino machine. (Round all responses to two decimal places.) Cost Worksheet 1: Click on the Following Help Icon to View Key Formulae Number of machines produced Total Fixed Average Fixed Total Variable Average Total Average Cost Marginal Cost Cost Cost Variable Cost Total (TFC) (AFC) (MC) Cost (TVC) (Q) Cost (TC) (AVC) (ATC) 0 50.00 30.00...
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