Question

Table 1. Use the information to calculate the following TC, AFC, AVC, ATC, AND MC (I through 50)

TP	TFC	TVC	TC	AFC	AVC	ATC	MC
	150	0	(1)	(11)	(21)	(31)	(41)
2	150	70	(2)	(12)	(22)	(32)	(42)
3	150	130	(3)	(13)	(23)	(33)	(43)
4	150	240	(4)	(14)	(24)	(34)	(44)
5	150	300	(5)	(15)	(25)	(35)	(45)
6	150	360	(6)	(16)	(26)	(36)	(46)
7	150	390	(7)	(17)	(27)	(37)	(47)
8	150	420	(8)	(18)	(28)	(38)	(48)
9	150	190	(9)	(19)	(29)	(39)	(49)
10	150	520	(10)	(20)	(30)	(40)	(50)

Table 2: Use the provided information, calculate MPP AND APP (Questions 51 through 74)

Quantity of Labor	Total Physical Product (TPP)	Marginal Physical Product (MPP)	Average Physical Product (APP)
0	0	51	63
10	75	52	64
20	245	53	65
30	435	54	66
40	560	55	67
50	648	56	68
60	710	57	69
70	753	58	70
80	782	59	71
90	800	60	72
100	810	61	73
110	808	62	74

Answer 1