Use your knowledge of cost functions to calculate the missed cost data in the accompanying table. Round your answers to two digits after the decimal. Quantity 0 1 2 3 4 Marginal cost $95.00 Fixed Variable cost cost $50.00 $72.00 Total Average fixed cost cost $360.00 --- Average variable cost --- $45.00 Average total cost

Use your knowledge of cost functions to calculate the missed cost data in the accompanying table. Round your answers to two digits after the decimal. Quantity 0 1 2 3 4 Marginal cost $95.00 Fixed Variable cost cost $50.00 $72.00 Total Average fixed cost cost $360.00 --- Average variable cost --- $45.00 Average total cost

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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