Derive total fixed cost and total variable cost schedule


Derive fixed cost, variable cost, average fixed and variable cost, total cost, marginal Given the following total cost schedule of a firm, (a) derive the total fixed cost and total variable cost schedules of the firm, and from them derive the average fixed cost, average variable cost, average total cost, and marginal cost schedules of the firm.

Q 0 1 2 3 4 5
TC $30 50 60 81 118 180

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Microeconomics: Derive total fixed cost and total variable cost schedule
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