Fill in the blanks in the table below. The problem is a "puzzle" so the blanks are not necessarily filled in sequentially. (Hint: Determine the total fixed cost first.) Instructions: Enter your answers rounded to two decimal places. Total Average Fixed Cost Average Total Cost Marginal Cost Output Variable Total Cost Cost 1 $10.00 $9.76 $9.76 $19.76 2 $19.06 $14.53 $9.30 $29.06 $3.33 $12.63 $37.90 4 $2.50 $36.31 $11.58 $8.41 $46.31 $2.00 $44.30 $10.86

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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Fill in the blanks in the table below. The problem is a "puzzle" so the blanks are not
necessarily filled in sequentially. (Hint: Determine the total fixed cost first.)
Instructions: Enter your answers rounded to two decimal places.
Total
Average
Fixed Cost
Average
Total Cost
Marginal
Cost
Output
Variable
Total Cost
Cost
1
$10.00
$9.76
$9.76
$19.76
2
$19.06
$14.53
$9.30
$29.06
3
$3.33
$12.63
$37.90
4
$2.50
$36.31
$11.58
$8.41
$46.31
$2.00
$44.30
$10.86
LO
Transcribed Image Text:Fill in the blanks in the table below. The problem is a "puzzle" so the blanks are not necessarily filled in sequentially. (Hint: Determine the total fixed cost first.) Instructions: Enter your answers rounded to two decimal places. Total Average Fixed Cost Average Total Cost Marginal Cost Output Variable Total Cost Cost 1 $10.00 $9.76 $9.76 $19.76 2 $19.06 $14.53 $9.30 $29.06 3 $3.33 $12.63 $37.90 4 $2.50 $36.31 $11.58 $8.41 $46.31 $2.00 $44.30 $10.86 LO
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