A. The table below shows the cost schedule of XYZ Company, producing face shields sold at P22 per unit. Complete the table below and encircle the level of Q of output where profit is maximum. Q of Output TC TR TFC TVC AC AFC AVC MC MR Profit 20 1 36 2 40 3 54 4 66 82 104 7 130 8 160 198 10 244

A. The table below shows the cost schedule of XYZ Company, producing face shields sold at P22 per unit. Complete the table below and encircle the level of Q of output where profit is maximum. Q of Output TC TR TFC TVC AC AFC AVC MC MR Profit 20 1 36 2 40 3 54 4 66 82 104 7 130 8 160 198 10 244

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

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Please show proper computation and explanation for me to understand it better. Thank youuuuu :)

A. The table below shows the cost schedule of XYZ Company, producing
face shields sold at P22 per unit. Complete the table below and encircle
the level of Q of output where profit is maximum.
TC
Q of
Output
TR
TFC
TVC
AC
AFC AVC
MC
MR
Profit
20
1
36
2
40
3
54
4
66
5
82
104
7
130
8
160
198
10
244
6.

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