(Table) Based on the table,LQ MP AP FC VC1555500 45021276500 900217500 1,35088.10 64.29 23.81 50431 10 7.75 500 1,800 2,300 74.19 58.06 16.13 45500 2,250 2,750 68.7556.25 12.50500 2,700 3,200 66.6756.25 10.42 56.257.71 500 3,150 3,650 67.5958.33 9.26 757.12 500 3,600 4,100 71.9363.16 8.77 1506.33 500 4,050 4,550 79.82 71.05 8.775.4 500 4,500 5,000 92.59 83.33 9.26 1503540009 8648 8768 57 39 57 010 54 -3$850.00$1,850.10$2,050.50is the total cost when producing twenty-one units.TC ATC AVC AFC MC950 190 901001,400 116.6741.67 64.29

The total cost refers to the sum total of costs incurred during the production process. The total…

155 5 500 450 950 190 90 12 7 6 500 900 1,400 116.67 7 500 1,350 7.75 500 1,800 2,300 74.19 8 500 2,250 2,750 68.75 500 2,700 3,200 66.67 7.71 500 3,150 3,650 67.59 2 3 21 4 31 10 5 409 6 48 8 7 6 8 57 3 9 57 0 100 41.67 64.29 88.10 64.29 23.81 50 58.06 16.13 45 56.25 12.50 56.25 10.42 56.25 58.33 9.26 75 7.12 500 3,600 4,100 71.93 6.33 500 4,050 4,550 79.82 63.16 8.77 150 71.05 8.77

155 5 500 450 950 190 90 12 7 6 500 900 1,400 116.67 7 500 1,350 7.75 500 1,800 2,300 74.19 8 500 2,250 2,750 68.75 500 2,700 3,200 66.67 7.71 500 3,150 3,650 67.59 2 3 21 4 31 10 5 409 6 48 8 7 6 8 57 3 9 57 0 100 41.67 64.29 88.10 64.29 23.81 50 58.06 16.13 45 56.25 12.50 56.25 10.42 56.25 58.33 9.26 75 7.12 500 3,600 4,100 71.93 6.33 500 4,050 4,550 79.82 63.16 8.77 150 71.05 8.77

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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