Data of a firms total cost schedules


Problem: Use the given data of a firm's total cost schedules to calculate its average variable cost, average fixed cost, average total cost, and marginal cost schedules.

Output Total Cost Total Variable Cost Total Fixed Cost

1 $2075.00 $ 75.00 $2000.00
2 2140.00 140.00 2000.00
3 2180.00 180.00 2000.00
4 2280.00 280.00 2000.00
5 2400.00 400.00 2000.00

Solution Preview :

Prepared by a verified Expert
Managerial Economics: Data of a firms total cost schedules
Reference No:- TGS01751356

Now Priced at $20 (50% Discount)

Recommended (94%)

Rated (4.6/5)