The table below shows some of the costs incurred at Bill's Brickworks. Complete the table. If your answer is not a whole number, round to 2 decimal places. L 1 2 3 4 5 Q 400 960 1520 1760 1880 TVC 800 1,600 3,200 4,000 TC 2,000 3,600 4,400 5,200 AFC 1.25 0.79 0.68 0.64 AVC 2.00 1.67 1.58 1.82 2.13 ATC 2.92 2.37 2.50 2.77 MC - 1.43 3.33 6.67

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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The table below shows some of the costs incurred at Bill's Brickworks. Complete the table. If your answer is not a whole number, round to 2
decimal places.
L
1
2
3
4
5
Q
TVC
800
1,600
TC
2,000
400
960
1520
1760 3,200 4,400
1880
4,000
AFC
1.25
3,600 0.79
0.68
5,200 0.64
AVC
2.00
1.67
1.58
1.82
2.13
ATC
2.92
2.37
2.50
2.77
MC
---
1.43
3.33
6.67
Transcribed Image Text:Itranscript The table below shows some of the costs incurred at Bill's Brickworks. Complete the table. If your answer is not a whole number, round to 2 decimal places. L 1 2 3 4 5 Q TVC 800 1,600 TC 2,000 400 960 1520 1760 3,200 4,400 1880 4,000 AFC 1.25 3,600 0.79 0.68 5,200 0.64 AVC 2.00 1.67 1.58 1.82 2.13 ATC 2.92 2.37 2.50 2.77 MC --- 1.43 3.33 6.67
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