4. Exercise 8.4 From your knowledge of the relationships among the various cost functions, complete the following table. (Hint: If necessary, round to two decimal places.) TTC Q (Dollars) TFC (Dollars) TVC (Dollars) ATC (Dollars) AFC AVC (Dollars) (Dollars) MC (Dollars) 0 125 5.00 10 20 10.50 30 110 40 255 50 60 3.00 3.00 70 80 295 5.00

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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4. Exercise 8.4
From your knowledge of the relationships among the various cost functions, complete the following table. (Hint: If necessary, round to two decimal
places.)
TTC
Q
(Dollars)
TFC
(Dollars)
TVC
(Dollars)
ATC
(Dollars)
AFC
AVC
(Dollars) (Dollars)
MC
(Dollars)
0
125
5.00
10
20
10.50
30
110
40
255
50
60
3.00
3.00
70
80
295
5.00
Transcribed Image Text:4. Exercise 8.4 From your knowledge of the relationships among the various cost functions, complete the following table. (Hint: If necessary, round to two decimal places.) TTC Q (Dollars) TFC (Dollars) TVC (Dollars) ATC (Dollars) AFC AVC (Dollars) (Dollars) MC (Dollars) 0 125 5.00 10 20 10.50 30 110 40 255 50 60 3.00 3.00 70 80 295 5.00
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