Fill in the blanks in the table below. The problem is a "puzzle" so the blanks are not necessarily filled in sequentially. Hint: Determin the total fixed cost first. Instructions: Round your answers to two decimal places. Average Total Cost Average Quantity Fixed Cost 0 1 2 3 4 5 $10.00 $3.33 $2.50 $2.00 Total Variable Cost $9.55 $18.23 Marginal Cost $9.55 $14.12 $12.02 $33.06 $10.76 $7.00 $39.25 $9.85 Total Cost $19.55 $28.23 $36.06 $43.06

Fill in the blanks in the table below. The problem is a "puzzle" so the blanks are not necessarily filled in sequentially. Hint: Determin the total fixed cost first. Instructions: Round your answers to two decimal places. Average Total Cost Average Quantity Fixed Cost 0 1 2 3 4 5 $10.00 $3.33 $2.50 $2.00 Total Variable Cost $9.55 $18.23 Marginal Cost $9.55 $14.12 $12.02 $33.06 $10.76 $7.00 $39.25 $9.85 Total Cost $19.55 $28.23 $36.06 $43.06

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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