Question 2: Define categories of short term costs with formulas.Fill the missing costs in the table provided to you in the ms-wordformat of question paper. (3+10)UnitsTotal TotalTotalAverage AverageAverage MarginalofCost Fixed Variable FixedVariable TotalCostoutputCostCostCostCostCost1014060???20???0.330??0.5??40??1.05?50??360????60????370????1.6??802040????90??2850??1004500?????

To complete following table we need a following formula Total Cost = Fixed cost + Variable…

Question 2: Define categories of short term costs with formulas. Fill the missing costs in the table provided to you in the ms-word format of question paper. (3+10) Total Total Total Average Average Average Variable Total Units of Cost Fixed Variable Fixed output Cost Cost Cost Cost Cost 10 140 ? 60 ? ?

Question 2: Define categories of short term costs with formulas. Fill the missing costs in the table provided to you in the ms-word format of question paper. (3+10) Total Total Total Average Average Average Variable Total Units of Cost Fixed Variable Fixed output Cost Cost Cost Cost Cost 10 140 ? 60 ? ?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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