Assume that the operation has the cost function C(O) = 200 - 30 - 80- 40 and the marginal cost function MC (0) = 3 - 160 - 120? Determine the following: Average fixed cost to product 6 units of output. Average variable cost to produce 6 untis of output. Marginal cost to produce 6 units of outout Average total cost to produce 6 units of output

ENGR.ECONOMIC ANALYSIS
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Assume that the operation has the cost function CIC) = 200 - 30 - 8040 and the marginal cost
function MC (C) = 3- 160 - 1202. Determine the following:
Average fixed cost to product 6 units of output.
Average variable cost to produce 6 untis of output.
Marginal cost to produce 6 units of outout
Average total cost to produce 6 units of output
Transcribed Image Text:Assume that the operation has the cost function CIC) = 200 - 30 - 8040 and the marginal cost function MC (C) = 3- 160 - 1202. Determine the following: Average fixed cost to product 6 units of output. Average variable cost to produce 6 untis of output. Marginal cost to produce 6 units of outout Average total cost to produce 6 units of output
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