Use the following table to calculate MC - use previous calculations and keep your calculation for follow up questions: Total Output Total Cost TFC TVC AFC AVC ATC MC 0 $20 10 $40 20 $60 30 $90 40 $120 50 $180 60 $280 a. Total Output Total Cost MC 0 $20 $0 10 $40 $4 20 $60 $3 30 $90 $3 40 $120 $3 50 $180 $3.6 60 $280 $10 b. Total Output Total Cost MC 0 $20 $0 10 $40 $2 20 $60 $2 30 $90 $2.33 40 $120 $2.5 50 $180 $3.2 60 $280 $4.33 c. Total Output Total Cost MC 0 $20 $0 10 $40 $2 20 $60 $2 30 $90 $3 40 $120 $3 50 $180 $6 60 $280 $10 d. Total Output Total Cost MC 0 $20 $0 10 $40 $4 20 $60 $3 30 $90 $3 40 $120 $3 50 $180 $3.6 60 $280 $4.66 e. Total Output Total Cost MC 0 $20 $2 10 $40 $4 20 $60 $6 30 $90 $9 40 $120 $12 50 $180 $18 60 $280 $28
Use the following table to calculate MC - use previous calculations and keep your calculation for follow up questions: Total Output Total Cost TFC TVC AFC AVC ATC MC 0 $20 10 $40 20 $60 30 $90 40 $120 50 $180 60 $280 a. Total Output Total Cost MC 0 $20 $0 10 $40 $4 20 $60 $3 30 $90 $3 40 $120 $3 50 $180 $3.6 60 $280 $10 b. Total Output Total Cost MC 0 $20 $0 10 $40 $2 20 $60 $2 30 $90 $2.33 40 $120 $2.5 50 $180 $3.2 60 $280 $4.33 c. Total Output Total Cost MC 0 $20 $0 10 $40 $2 20 $60 $2 30 $90 $3 40 $120 $3 50 $180 $6 60 $280 $10 d. Total Output Total Cost MC 0 $20 $0 10 $40 $4 20 $60 $3 30 $90 $3 40 $120 $3 50 $180 $3.6 60 $280 $4.66 e. Total Output Total Cost MC 0 $20 $2 10 $40 $4 20 $60 $6 30 $90 $9 40 $120 $12 50 $180 $18 60 $280 $28
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
Use the following table to calculate MC - use previous calculations and keep your calculation for follow up questions:
|
Total Output |
Total Cost |
TFC |
TVC |
AFC |
|
|
MC |
|
0 |
$20 |
|
|
|
|
|
|
|
10 |
$40 |
|
|
|
|
|
|
|
20 |
$60 |
|
|
|
|
|
|
|
30 |
$90 |
|
|
|
|
|
|
|
40 |
$120 |
|
|
|
|
|
|
|
50 |
$180 |
|
|
|
|
|
|
|
60 |
$280 |
|
|
|
|
|
|
| a. |
|
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| b. |
|
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| c. |
|
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| d. |
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| e. |
|
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