A) Completethe table: TOTAL TOTAL FIXED COST 8.64 8.64 8.64 8.64 8.64 8.64 8.64
ID: 1150165 • Letter: A
Question
A) Completethe table: TOTAL TOTAL FIXED COST 8.64 8.64 8.64 8.64 8.64 8.64 8.64 8.64 8.64 8.64 8.64 8.64 8.64 8.64 8.64 8.64 8.64 8.64 TOTAL PRODUCT COST TOTAL VARIABLE FIXED COST 0.00 AVERAGE AVERAGE TOTAL VARIABLE AVERAGE COST 0.00 COST 8.64 10.08 11.22 12.12 12.84 13.44 13.98 14.52 15.12 15.84 16.74 17.88 19.32 21.12 23.34 26.04 29.28 33.12 COST 0.00 8.64 4.32 2.88 2.16 1.72 1.44 1.23 1.08 96 0.86 0.78 0.72 0.66 0.61 0.57 0.54 0.50 1.29 1.16 1.05 0.96 0.89 0.84 0.81 0.78 0.81 0.84 0.89 0.96 1.05 1.16 1.29 2.58 3.48 4.20 5.34 5.88 6.48 7.10 8.10 9.24 10.68 12.48 14.70 17.40 20.64 24.48Explanation / Answer
Answer
Total average cost=average fixed cost+average variable cost
or
=total cost/quantity
TOTAL PROOUCT TOTAL COST TOTAL FIXEO COST TOTALVARIABLE
COST Average Fixed
COST Average Variable cost Total average cost 0 8.64 8.64 0.00 1 10.08 8.64 1.44 8.64 1.44 10.08 2 11.22 8.64 2.58 4.32 1.29 5.61 3 12.12 8.64 3.48 2.88 1.16 4.04 4 12.84 8.64 4.20 2.16 1.05 3.21 5 13.44 8.64 4.80 1.73 0.96 2.69 6 13.98 8.64 5.34 1.44 0.89 2.33 7 14.52 8.64 5.88 1.23 0.84 2.07 8 15.12 8.64 6.48 1.08 0.81 1.89 9 15.84 8.64 7.20 0.96 0.80 1.76 10 16.74 8.64 8.10 0.86 0.81 1.67 11 17.88 8.64 9.24 0.79 0.84 1.63 12 19.32 8.64 10.68 0.72 0.89 1.61 13 21.12 8.64 12.48 0.66 0.96 1.62 14 23.34 8.64 14.70 0.62 1.05 1.67 15 26.04 8.64 17.40 0.58 1.16 1.74 16 29.28 8.64 20.64 0.54 1.29 1.83 17 33.12 8.64 24.48 0.51 1.44 1.95