Find the value of X. Quantity Total Cost Fixed Cost Variable Cost Marginal Cost $5,000| $1,000 $1,000 $4,000 10 ***** **** 25 8000 40 11300 X 55 15050 19700 70 $220 $1000 $4000 $10,300

Find the value of X. Quantity Total Cost Fixed Cost Variable Cost Marginal Cost $5,000| $1,000 $1,000 $4,000 10 * 25 8000 40 11300 X 55 15050 19700 70 $220 $1000 $4000 $10,300

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

Find the value of X.
Quantity Total Cost Fixed Cost Variable Cost Marginal Cost
$5,000|
$1,000
$1,000
$4,000
10
***** ****
25
8000
40
11300
X
55
15050
19700
70
$220
$1000
$4000
$10,300

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