Can you please assist to complete the folliwing table Complete the following tables :Table 1FixedVariableTotalTotal fixedTotal variableTotalinputinputproductcostcostcost209 000201162 40020244203782041132014520171201902020019 20020200201018733 0001234567| 8UnitsTotalTotalTotalAverageAverage fixedcost (R)Averageproduct fixed cost variable(R)ofTotal costvariable costMarginaltotalland(units)cost (R)(R)ТРTFCTVC(R)AFCAVCcost (R)costTCATC or AC(R)MC209 0009 00020169 0002 40011 40020449 0004 80013 8009 0007 2009 600207816 200201139 00018 600201459 00012 00021 000201719 00014 40023 400201909 00016 80025 800202009 00019 20028 200202009 00021 60030 600201879 00024 00033 000567899

at 0 level , TC = TVC TFC is fixed for all the inputs TVC for the 1st unit = 2400, then multiply…

Table 1 Fixed Variable Total Total fixed Total variable Total input input product cost cost cost 20 9 000 20 1 16 2 400 20 2 44 20 78 20 4 113 20 145 20 171 20 7 190 20 8 200 19 200 20 200 20 10 187 33 000

Table 1 Fixed Variable Total Total fixed Total variable Total input input product cost cost cost 20 9 000 20 1 16 2 400 20 2 44 20 78 20 4 113 20 145 20 171 20 7 190 20 8 200 19 200 20 200 20 10 187 33 000

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

Can you please assist to complete the folliwing table

Complete the following tables :
Table 1
Fixed
Variable
Total
Total fixed
Total variable
Total
input
input
product
cost
cost
cost
20
9 000
20
1
16
2 400
20
2
44
20
3
78
20
4
113
20
145
20
171
20
190
20
200
19 200
20
200
20
10
187
33 000
1
2
3
4
5
6
7| 8
Units
Total
Total
Total
Average
Average fixed
cost (R)
Average
product fixed cost variable
(R)
of
Total cost
variable cost
Marginal
total
land
(units)
cost (R)
(R)
ТР
TFC
TVC
(R)
AFC
AVC
cost (R)
cost
TC
ATC or AC
(R)
MC
20
9 000
9 000
20
16
9 000
2 400
11 400
20
44
9 000
4 800
13 800
9 000
7 200
9 600
20
78
16 200
20
113
9 000
18 600
20
145
9 000
12 000
21 000
20
171
9 000
14 400
23 400
20
190
9 000
16 800
25 800
20
200
9 000
19 200
28 200
20
200
9 000
21 600
30 600
20
187
9 000
24 000
33 000
567899

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