Question 4 (3 points) Output (Instructional Modules per Month) Fixed Costs Variable Costs Total Cost Average...

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Outut	FC	VC	TC	AFC	AVC	ATC	MC
0						0
1	1080	400	1480	1080	400	1480	400
2	1080	850	1930	540	425	965	450
3	1080	1350	2430	360	450	810	500
4	1080	1900	2980	270	475	745	550
5	1080	2500	3580	216	500	716	600
6	1080	3200	4280	180	533.3333333	713.3333333	700
7	1080	4100	5180	154.2857143	585.7142857	740	900
8	1080	5400	6480	135	675	810	1300
9	1080	7500	8580	120	833.3333333	953.3333333	2100
10	1080	9000	10880	108	900	1008	1500

2	MC of creating 10th instruction module is 1500
3	AFC when firm produces 10 units is =108
4	AVC for month when 6 modules are produced is 533.33
5	TC for month if 2 instruction modules are produced 1930
6	ATC for month if 8 instruction modules are produced is 810

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