Falculate marginal costs, total costs, average fixed costs, average variable costs and average to...

Question

Question

Falculate marginal costs, total costs, average fixed costs, average variable costs and average total costs, given the followi

Answer 1

Answer #1

Output	Variable Cost	Marginal Cost	Total Cost= fixed + variable	AFC=fixed/Q	AVC=variable/Q	ATC=AFC+AVC
0	0	0	100	-	-	-
1	60	60	160	100	60	160
2	90	30	190	50	45	95
3	110	20	210	33.33	36.67	70
4	150	40	250	25	37.5	62.5
5	230	80	330	20	46	66
6	350	120	450	16.67	58.33	75
7	510	160	610	14.28	72.85	87.14
8	710	200	810	12.5	88.75	101.25

Answer 2

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