Solve for the missing entries in the above table. Enter total cost and marginal cost values as whole numbers; round and enter all average cost calculations to the nearest cent. Enter your answers as a list in the following format: A. $5B. $18C. $40etc. (Note, this is just an example, these are NOT the correct answers.) Quantity Total Fixed Cost Total Variable Cost Total Cost Average Fixed Cost Average Variable Cost Average Total Cost Marginal Cost$25IQn/an/an/an/a1AJREELL$25B$35YFFMMSS3K$67GGNNTT4LAA$13.2500UUEMU$5.00HHPP$166FVBBII$22QQRR7G$145CCJJVV8HWDDKK$22.75ww

Total cost is the cost incurred on the production of the goods. Total cost includes Total variable…

Quantity Total Fixed Cost Total Variable Cost Total Cost Average Fixed Cost Average Variable Cost Average Total Cost Marginal Cost $25 I n/a n/a n/a n/a 1 A J R ЕЕ LL $25 B $35 S Y FF MM SS 3 C K $67 GG NN TT 4 AA $13.25 00 UU M U $5.00 HH PP $16 6. F V BB II QQ $22 7 $145 CC JJ RR VV 8 H W DD KK $22.75 WW

Quantity Total Fixed Cost Total Variable Cost Total Cost Average Fixed Cost Average Variable Cost Average Total Cost Marginal Cost $25 I n/a n/a n/a n/a 1 A J R ЕЕ LL $25 B $35 S Y FF MM SS 3 C K $67 GG NN TT 4 AA $13.25 00 UU M U $5.00 HH PP $16 6. F V BB II QQ $22 7 $145 CC JJ RR VV 8 H W DD KK $22.75 WW

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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