QUESTION 18 Use the data in the following table to answer the question. Output Total cost (Units) (R) 100 1 110 130 166 4 220 300 The average variable cost of the second unit is QUESTION 19 Use the data in the following table to answer the question. Output Total cost (Units) (R) 100 110 130 166 4 220 300 The average total cost of the second unit is QUESTION 20 Fill in the missing values for a, b and c. Units of labour Total product Average product Marginal product (TP) (AP) (MP) 1 a. Answer 18 b. Answer!
QUESTION 18 Use the data in the following table to answer the question. Output Total cost (Units) (R) 100 1 110 130 166 4 220 300 The average variable cost of the second unit is QUESTION 19 Use the data in the following table to answer the question. Output Total cost (Units) (R) 100 110 130 166 4 220 300 The average total cost of the second unit is QUESTION 20 Fill in the missing values for a, b and c. Units of labour Total product Average product Marginal product (TP) (AP) (MP) 1 a. Answer 18 b. Answer!
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
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Please assist on answering the questions below (microeconomics )
![QUESTION 18
Use the data in the following table to answer the question.
Output
Total cost
(Units)
(R)
100
1
110
2
130
166
4
220
300
The average varlable cost of the second unit is
QUESTION 19
Use the data in the following table to answer the question.
Output
Total cost
(Units)
(R)
100
110
130
3
166
4
220
300
The average total cost of the second unit is
QUESTION 20
Fill in the missing values for a, b and c.
Units of labour
Total product
Average product
Marginal product
(TP)
(AP)
(MP)
a. Answer
18
b. Answerl
3
8
4
C. Answer](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F72adb764-0f73-4b57-8faa-d070e77cfb1f%2F56705968-6883-448f-9350-486276e8f46d%2Fxsgd2nr_processed.jpeg&w=3840&q=75)
Transcribed Image Text:QUESTION 18
Use the data in the following table to answer the question.
Output
Total cost
(Units)
(R)
100
1
110
2
130
166
4
220
300
The average varlable cost of the second unit is
QUESTION 19
Use the data in the following table to answer the question.
Output
Total cost
(Units)
(R)
100
110
130
3
166
4
220
300
The average total cost of the second unit is
QUESTION 20
Fill in the missing values for a, b and c.
Units of labour
Total product
Average product
Marginal product
(TP)
(AP)
(MP)
a. Answer
18
b. Answerl
3
8
4
C. Answer
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