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3. A firm has fixed cost of $90.00 and variable costs as indicated in the table below. Complete the table. TP TFC TVC 0 $ 90.00 $ 1 $ 90.00 $ 50.00 2 $90.00 $90.00 3 4 $90.00 $125.00 $90.00 $155.00 5 $90.00 $190.00 6 7 8 9 10 $ 90.00 $230.00 $ 90.00 $275.00 $ 90.00 $330.00 $90.00 $395.00 $90.00 $470.00 TC AFC AVC ATC MC

3. A firm has fixed cost of $90.00 and variable costs as indicated in the table below. Complete the table. TP TFC TVC 0 $ 90.00 $ 1 $ 90.00 $ 50.00 2 $90.00 $90.00 3 4 $90.00 $125.00 $90.00 $155.00 5 $90.00 $190.00 6 7 8 9 10 $ 90.00 $230.00 $ 90.00 $275.00 $ 90.00 $330.00 $90.00 $395.00 $90.00 $470.00 TC AFC AVC ATC MC

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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3. A firm has fixed cost of $90.00 and variable costs as indicated in the table below. Complete the table. TC AFC AVC ATC MC TP TFC TVC 0 $ 90.00 $ - 1 2 3 4 5 6 $ 90.00 $ 50.00 $ 90.00 $ 90.00 $90.00 $125.00 $ 90.00 $155.00 $ 90.00 $190.00 $ 90.00 $230.00 7 $ 90.00 $275.00 89 8 $ 90.00 $ 330.00 9 10 $ 90.00 $395.00 $ 90.00 $470.00
Transcribed Image Text:3. A firm has fixed cost of $90.00 and variable costs as indicated in the table below. Complete the table. TC AFC AVC ATC MC TP TFC TVC 0 $ 90.00 $ - 1 2 3 4 5 6 $ 90.00 $ 50.00 $ 90.00 $ 90.00 $90.00 $125.00 $ 90.00 $155.00 $ 90.00 $190.00 $ 90.00 $230.00 7 $ 90.00 $275.00 89 8 $ 90.00 $ 330.00 9 10 $ 90.00 $395.00 $ 90.00 $470.00
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