3. The relationship between marginal and average costs Consider the following scenario to understand the relationship between marginal and average values. Suppose Kyoko is a professional basketball player, and her game log for free throws can be summarized in the following table. Fill in the columns with Kyoko's free-throw percentage for each game and her overall free-throw average after each game. Game Game Result Total Game Free-Throw Percentage Average Free-Throw Percentage 1 8/10 8/10 80 80 2 6/10 14/20 3 1/5 15/25 4 3/5 18/30 8/10 26/40 On the following graph, use the orange points (square symbol) to plot Kyoko's free-throw percentage for each game individually, and use the green points (triangle symbol) to plot her overall average free-throw percentage after each game.
3. The relationship between marginal and average costs Consider the following scenario to understand the relationship between marginal and average values. Suppose Kyoko is a professional basketball player, and her game log for free throws can be summarized in the following table. Fill in the columns with Kyoko's free-throw percentage for each game and her overall free-throw average after each game. Game Game Result Total Game Free-Throw Percentage Average Free-Throw Percentage 1 8/10 8/10 80 80 2 6/10 14/20 3 1/5 15/25 4 3/5 18/30 8/10 26/40 On the following graph, use the orange points (square symbol) to plot Kyoko's free-throw percentage for each game individually, and use the green points (triangle symbol) to plot her overall average free-throw percentage after each game.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![3. The relationship between marginal and average costs
Consider the following scenario to understand the relationship between marginal and average values. Suppose Kyoko is a professional basketball
player, and her game log for free throws can be summarized in the following table.
Fill in the columns with Kyoko's free-throw percentage for each game and her overall free-throw average after each game.
Game
Game Result
Total
Game Free-Throw Percentage
Average Free-Throw Percentage
1
8/10
8/10
80
80
2
6/10
14/20
3
1/5
15/25
4
3/5
18/30
8/10
26/40
On the following graph, use the orange points (square symbol) to plot Kyoko's free-throw percentage for each game individually, and use the green
points (triangle symbol) to plot her overall average free-throw percentage after each game.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9ed93062-0fed-459b-8368-87e1dfeb1da6%2F13ce68ba-36a0-42c9-b1c2-90f6fe3675eb%2Fmhsb44h.png&w=3840&q=75)
Transcribed Image Text:3. The relationship between marginal and average costs
Consider the following scenario to understand the relationship between marginal and average values. Suppose Kyoko is a professional basketball
player, and her game log for free throws can be summarized in the following table.
Fill in the columns with Kyoko's free-throw percentage for each game and her overall free-throw average after each game.
Game
Game Result
Total
Game Free-Throw Percentage
Average Free-Throw Percentage
1
8/10
8/10
80
80
2
6/10
14/20
3
1/5
15/25
4
3/5
18/30
8/10
26/40
On the following graph, use the orange points (square symbol) to plot Kyoko's free-throw percentage for each game individually, and use the green
points (triangle symbol) to plot her overall average free-throw percentage after each game.
![](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9ed93062-0fed-459b-8368-87e1dfeb1da6%2F13ce68ba-36a0-42c9-b1c2-90f6fe3675eb%2Fp9ini1a.png&w=3840&q=75)
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