Find the value of B. Quantity Total Cost Fixed Cost Variable Cost Average Total Cost Average Fixed Cost Average Variable Cost $4,000 $7000 $5,000 $1,000 $1,000 10 25 8000 40 11300 55 70 15050 19700 O $8 $200 $280 $320

Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter7: Proudction Costs
Section: Chapter Questions
Problem 9SQP
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Find the value of B.
Quantity
Total Cost Fixed Cost
Variable Cost
$5,000
8000
$1,000
$1,000
Average Total Cost Average Fixed Cost Average Variable Cost
$4,000
$7000
10
25
40
11300
55
15050
70
19700
$8
$200
O $280
$320
Transcribed Image Text:Find the value of B. Quantity Total Cost Fixed Cost Variable Cost $5,000 8000 $1,000 $1,000 Average Total Cost Average Fixed Cost Average Variable Cost $4,000 $7000 10 25 40 11300 55 15050 70 19700 $8 $200 O $280 $320
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