d. Assuming the price of a quantity sold is Php11.50, indicate the profit (or loss) per number of quantity (Q) sold using the table below: Q Total Revenue Profit (loss) 1 2 3 4 6. 8. 9. 10 e. Graph your TC and TR with the Cost at the Y axis and the Quantity at the X axis. (Remember to label your graph properly and completely)

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

Fill up the table, compute for the missing MC, AC, AFC and AVC. And then below, answer letters d and e only.

Where:
FC - fixed cost
VC - variable cost
TC - total cost
MC – marginal cost
AC - average cost
AFC - average fixed cost
AVC – average variable cost
Q- quantity
FC
VC
TC
MC
AC
AFC
AVC
10
1
10
2
18
3
26
4
34
43
53
64
8.
76
89
10
103
b. Graph FC, VC and TC is one graph with Q at the X axis and Cost at the Y
axis (Remember to label your graph properly and completely)
c. Graph MC, AC, AFC and AVC in one graph with Q at the X axis and Cost
at the Y axis (Remember to label your graph properly and completely)
d. Assuming the price of a quantity sold is Php11.50, indicate the profit
(or loss) per number of quantity (Q) sold using the table below:
Transcribed Image Text:Where: FC - fixed cost VC - variable cost TC - total cost MC – marginal cost AC - average cost AFC - average fixed cost AVC – average variable cost Q- quantity FC VC TC MC AC AFC AVC 10 1 10 2 18 3 26 4 34 43 53 64 8. 76 89 10 103 b. Graph FC, VC and TC is one graph with Q at the X axis and Cost at the Y axis (Remember to label your graph properly and completely) c. Graph MC, AC, AFC and AVC in one graph with Q at the X axis and Cost at the Y axis (Remember to label your graph properly and completely) d. Assuming the price of a quantity sold is Php11.50, indicate the profit (or loss) per number of quantity (Q) sold using the table below:
d. Assuming the price of a quantity sold is Php11.50, indicate the profit
(or loss) per number of quantity (Q) sold using the table below:
Total Revenue
Profit (loss)
1
2
3.
4
6.
8.
9.
10
e. Graph your TC and TR with the Cost at the Y axis and the Quantity at
the X axis. (Remember to label your graph properly and completely)
Transcribed Image Text:d. Assuming the price of a quantity sold is Php11.50, indicate the profit (or loss) per number of quantity (Q) sold using the table below: Total Revenue Profit (loss) 1 2 3. 4 6. 8. 9. 10 e. Graph your TC and TR with the Cost at the Y axis and the Quantity at the X axis. (Remember to label your graph properly and completely)
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