T ER Mc $78.00. $3.00. Multiple Choice 000 87.50 6.25 7.14 The average total cost of 5 units of output is 8. 8.37 000 9. 5. 0000 12.50 4. $100.00 Average Variable Cost 3. Book 2. Cost Average Fixed Output Answer the question on the basis of the following cost data. 12

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Q: A X= 45.00, Y= 55.00, Z = 62.50 X= 40.00, Y= 60.00, Z = 62.50 C X = 18.00, Y= 55.00, Z = 50.00 X=…

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Q: Long-Run Q 10 90 AC $

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Q: Output (q) VC MC AFC AVC AC 1 $100 $64 $164 $64 $100.00 $64.00 $164.00 2 112 212 48 50.00 56.00…

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A:

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A:

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A: Following Formulas are important to solve the table: TC = FC + TVC TC = ATC/Q FC = AFC/Q TVC =…

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A: TC = FC + VC MC = change in TC ATC = TC / output AVC = VC / output

Q: What would be the solution?

A: TFC = TC at 0 level of Output TC = TVC + TFC AVC = TVC/Output