Question

Fill in the missing numbers in attached table below.

Cost Table.xlsxPreview the document

Total Cost(TC) = Total Fixed Cost(TFC) + Total Variable Cost (TVC)

Marginal Cost (MC) = Change in Total Cost/Change in Quantity

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MC TVC TC TFC 1080 1080 1080 1080 1080 1080 1080 1080 1080 1080 1080 400 850 1350 1900 2500 3200 4100 5400 7300 9800 1080 148

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