Question

a) Based on the data given below, calculate: FC, VC, AFC, ATC, and MC. Output Total...

a) Based on the data given below, calculate: FC, VC, AFC, ATC, and MC.

Output

Total Cost (FC+VC)

FC

VC

AFC

AVC

0

10

10

0

x

x

25

60

10

50

.40

2

50

95

10

85

.20

1.70

75

150

10

140

.13

1.87

100

220

10

210

.10

2.10

125

325

10

315

.08

2.52

150

465

10

455

.07

3.03


b) Do the costs behave (their shape) as the way described in the textbook?

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