2 3 4 5 7 8 Units Total Total Total Average fixed cost (R) Average variable cost Average product fixed cost variable (R) of Total cost Marginal total land (units) cost (R) (R) ТР TFC TVC (R) AFC AVC cost (R) cost TC ATC or AC (R) MC 20 9 000 9 000 20 16 9 000 2 400 11 400 20 44 9 000 4 800 13 800 20 78 9 000 7 200 16 200 20 113 9 000 9 600 18 600 20 145 9 000 12 000 21 000 20 171 9 000 14 400 23 400 20 190 9 000 16 800 25 800 20 200 9 000 19 200 28 200 20 200 9 000 21 600 30 600 20 187 9 000 24 000 33 000
2 3 4 5 7 8 Units Total Total Total Average fixed cost (R) Average variable cost Average product fixed cost variable (R) of Total cost Marginal total land (units) cost (R) (R) ТР TFC TVC (R) AFC AVC cost (R) cost TC ATC or AC (R) MC 20 9 000 9 000 20 16 9 000 2 400 11 400 20 44 9 000 4 800 13 800 20 78 9 000 7 200 16 200 20 113 9 000 9 600 18 600 20 145 9 000 12 000 21 000 20 171 9 000 14 400 23 400 20 190 9 000 16 800 25 800 20 200 9 000 19 200 28 200 20 200 9 000 21 600 30 600 20 187 9 000 24 000 33 000
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
100%
Hi
Can you please assist on filling the following table
![1
2
4
5
6.
Units
Total
Total
Total
Average
Average fixed
cost (R)
Average
product fixed cost variable
(R)
variable cost
(R)
of
Total cost
Marginal
total
land
(units)
cost (R)
TP
TFC
TVC
(R)
AFC
AVC
cost (R)
cost
TC
ATC or AC
(R)
MC
20
9 000
9 000
20
16
9 000
2 400
11 400
20
44
9 000
4 800
13 800
20
78
9 000
7 200
16 200
20
113
9 000
9 600
18 600
20
145
9 000
12 000
21 000
20
171
9 000
14 400
23 400
20
190
9 000
16 800
25 800
20
200
9 000
19 200
28 200
20
200
9 000
21 600
30 600
20
187
9 000
24 000
33 000
00](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F916ada00-b2d7-4df6-b9fe-642610917b4e%2F33ad3604-f5c9-4b4b-84c0-0d128d85c8e0%2Fyt29hpd_processed.jpeg&w=3840&q=75)
Transcribed Image Text:1
2
4
5
6.
Units
Total
Total
Total
Average
Average fixed
cost (R)
Average
product fixed cost variable
(R)
variable cost
(R)
of
Total cost
Marginal
total
land
(units)
cost (R)
TP
TFC
TVC
(R)
AFC
AVC
cost (R)
cost
TC
ATC or AC
(R)
MC
20
9 000
9 000
20
16
9 000
2 400
11 400
20
44
9 000
4 800
13 800
20
78
9 000
7 200
16 200
20
113
9 000
9 600
18 600
20
145
9 000
12 000
21 000
20
171
9 000
14 400
23 400
20
190
9 000
16 800
25 800
20
200
9 000
19 200
28 200
20
200
9 000
21 600
30 600
20
187
9 000
24 000
33 000
00
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