Camille's variable cost, VC is his wage cost ($80 per worker per day) and his other input costs ($0,50 per cup) complete the table Labour (workers) Quantity of frozen yogurt (CUPS) FC (FIXED COST) VC (VARIABLE COST) TC (TOTAL COST) AC (AVERAGE COST) MC (MARGINAL COST) 1 110 80 $55.00 235 2 200 80 $100.00 3 270 80 $135.00 4 300 80 $150.00 5 320 80 $160.00
Camille's variable cost, VC is his wage cost ($80 per worker per day) and his other input costs ($0,50 per cup) complete the table Labour (workers) Quantity of frozen yogurt (CUPS) FC (FIXED COST) VC (VARIABLE COST) TC (TOTAL COST) AC (AVERAGE COST) MC (MARGINAL COST) 1 110 80 $55.00 235 2 200 80 $100.00 3 270 80 $135.00 4 300 80 $150.00 5 320 80 $160.00
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
Camille's variable cost, VC is his wage cost ($80 per worker per day) and his other input costs ($0,50 per cup)
complete the table
Labour (workers) | Quantity of frozen yogurt (CUPS) | FC (FIXED COST) | VC (VARIABLE COST) | TC (TOTAL COST) | AC (AVERAGE COST) | MC (MARGINAL COST) |
1 | 110 | 80 | $55.00 | 235 | ||
2 | 200 | 80 | $100.00 | |||
3 | 270 | 80 | $135.00 | |||
4 | 300 | 80 | $150.00 | |||
5 | 320 | 80 | $160.00 |
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 3 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.Recommended textbooks for you
![ENGR.ECONOMIC ANALYSIS](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9780190931919/9780190931919_smallCoverImage.gif)
![Principles of Economics (12th Edition)](https://www.bartleby.com/isbn_cover_images/9780134078779/9780134078779_smallCoverImage.gif)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
![Engineering Economy (17th Edition)](https://www.bartleby.com/isbn_cover_images/9780134870069/9780134870069_smallCoverImage.gif)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
![ENGR.ECONOMIC ANALYSIS](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9780190931919/9780190931919_smallCoverImage.gif)
![Principles of Economics (12th Edition)](https://www.bartleby.com/isbn_cover_images/9780134078779/9780134078779_smallCoverImage.gif)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
![Engineering Economy (17th Edition)](https://www.bartleby.com/isbn_cover_images/9780134870069/9780134870069_smallCoverImage.gif)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
![Principles of Economics (MindTap Course List)](https://www.bartleby.com/isbn_cover_images/9781305585126/9781305585126_smallCoverImage.gif)
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
![Managerial Economics: A Problem Solving Approach](https://www.bartleby.com/isbn_cover_images/9781337106665/9781337106665_smallCoverImage.gif)
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
![Managerial Economics & Business Strategy (Mcgraw-…](https://www.bartleby.com/isbn_cover_images/9781259290619/9781259290619_smallCoverImage.gif)
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education