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Quantity of Output, Q (units) Total Fixed Cost (dollars) Average Fixed Cost (AFC

ID: 1185899 • Letter: Q

Question

Quantity of Output, Q (units) Total Fixed Cost (dollars) Average Fixed Cost (AFC) Total Variable Cost (TVC) Average Variable Cost (AVC) Total Cost (TC) Average Total Cost (ATC) Marginal Cost (MC) 0 $200 A $0 V 1 200 B 30 L W GG QQ 2 200 C 50 M X HH RR 3 200 D 60 N Y II SS 4 200 E 65 O Z JJ TT 5 200 F 75 P AA KK UU 6 200 G 95 Q BB LL VV 7 200 H 125 R CC MM WW 8 200 I 165 S DD NN XX 9 200 J 215 T EE OO YY 10 200 K 275 U FF PP ZZ find the quantities of each letter Quantity of Output, Q (units) Total Fixed Cost (dollars) Average Fixed Cost (AFC) Total Variable Cost (TVC) Average Variable Cost (AVC) Total Cost (TC) Average Total Cost (ATC) Marginal Cost (MC) 0 $200 A $0 V 1 200 B 30 L W GG QQ 2 200 C 50 M X HH RR 3 200 D 60 N Y II SS 4 200 E 65 O Z JJ TT 5 200 F 75 P AA KK UU 6 200 G 95 Q BB LL VV 7 200 H 125 R CC MM WW 8 200 I 165 S DD NN XX 9 200 J 215 T EE OO YY 10 200 K 275 U FF PP ZZ

Explanation / Answer

TC=TVC+TFC


V 200

W 230

X 250

Y 260

Z 265

AA 275

BB 295

CC 325

DD 365

EE 415

FF 475



ATC=AVC+AFC


GG 230

HH 125

II 86.66

JJ 66.25

KK 55

LL 49.16

MM 46.42

NN 45.62

OO 46.10

PP 47.5




MC = CHANGE IN TOTAL COST / CHANGE IN Q



QQ 30

RR 20

SS 10

TT 5

UU 10

V V 20

W W 30

X X 40

YY 50

ZZ 60



SORRY I HADN'T SEEN THE REST OF THE QUESTION BEFORE.


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