Exercise on Calculating costs
Question:
Fill in the question mark spaces of the below table.
Calculating costs
Q
VC
TC
AFC
AVC
ATC
MC
0
???
$50
n/a
n/a
n/a
1
10
???
???
$10
$60
$10
2
30
80
???
???
???
???
3
???
???
16.67
20
36.67
30
4
100
150
12.50
???
37.50
???
5
150
???
???
30
???
???
6
210
260
8.3
35
43.33
???
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