NOTE: ANSWER TEST A ONLY 2. Fill in the tableBar ofTotalFixedSoap(Quantity) Cost100P1,0002003004005006007008009001,000Costs of Production of a Soap ManufacturerTotalTotal AverageCostAverageAverageVariableCostFixed VariableCostCostCostP1,5002,0002,5003,0003,5004,0005,0006,0007,0009,000for what itA. Using the data in the table, graph (Use Plane#2) and explain the following:a. Total costb. Average cost, Average variable cost and Average Fixed cost.c. Marginal costExplanation:Plane #2+1,0001,0001,0001,0001,0001,0001,0001,0001,000hvilpnesXSMarginalCostthat youther than

Introduction We have given data related to the cost of the soap manufacturer. We have given total…

2. Fill in the table Costs of Production of a Soap Manufacturer Bar of Total Total Average Average Total Average Cost Cost Fixed Variable Soap (Quantity) Cost Fixed Variable Cost Cost Cost 100 P1,000 P1,500 200 1,000 2,000 300 1,000 2,500 400 1,000 3,000 500 1,000 3,500 600 1,000 4,000 700 1,000 5,000 800 1,000 6,000 900 1,000 7,000 1,000 1,000 9,000 A. Using the data in the table, graph (Use Plane# 2) and explain the following: a. Total cost b. Average cost, Average variable cost and Average Fixed cost. c. Marginal cost Marginal Cost that you her than

2. Fill in the table Costs of Production of a Soap Manufacturer Bar of Total Total Average Average Total Average Cost Cost Fixed Variable Soap (Quantity) Cost Fixed Variable Cost Cost Cost 100 P1,000 P1,500 200 1,000 2,000 300 1,000 2,500 400 1,000 3,000 500 1,000 3,500 600 1,000 4,000 700 1,000 5,000 800 1,000 6,000 900 1,000 7,000 1,000 1,000 9,000 A. Using the data in the table, graph (Use Plane# 2) and explain the following: a. Total cost b. Average cost, Average variable cost and Average Fixed cost. c. Marginal cost Marginal Cost that you her than

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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