3. The WipeOut Ski Company manufactures skis for beginners. Fixed costs are $30. Fill in Table 7.16 for total cost, average variable cost, average total cost, and marginal cost. Quantity 0 1 2 3 4 5 6 Variable Cost 0 $10 $25 $45 $70 $100 $135 Fixed Cost $30 $30 $30 $30 $30 $30 $30 Total Cost Average Variable Cost Average Total Cost Marginal Cost

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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3. The WipeOut Ski Company manufactures skis for beginners. Fixed costs are $30. Fill in Table 7.16 for total
cost, average variable cost, average total cost, and marginal cost.
Quantity
0
1
2
3
4
5
6
Variable
Cost
0
$10
$25
$45
$70
$100
$135
Fixed
Cost
$30
$30
$30
$30
$30
$30
$30
Total
Cost
Average Variable
Cost
Average Total
Cost
Marginal
Cost
Transcribed Image Text:3. The WipeOut Ski Company manufactures skis for beginners. Fixed costs are $30. Fill in Table 7.16 for total cost, average variable cost, average total cost, and marginal cost. Quantity 0 1 2 3 4 5 6 Variable Cost 0 $10 $25 $45 $70 $100 $135 Fixed Cost $30 $30 $30 $30 $30 $30 $30 Total Cost Average Variable Cost Average Total Cost Marginal Cost
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