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Answer to Question #98423 in Microeconomics for VIJAY
Question #98423
Quantity
Total Fixed Cost
Total Variable Cost
Total Cost
Average Cost
Marginal Cost
25
10
18
?
?
?
26
10
20
?
?
?
27
10
21
?
?
?
Total Fixed Cost
Total Variable Cost
Total Cost
Average Cost
Marginal Cost
25
10
18
?
?
?
26
10
20
?
?
?
27
10
21
?
?
?
Expert's answer
Total cost = Fixed Cost + Variable Cost
Average cost = Total Cost/ Quantity
Marginal Cost = TC2 - TC1
Quantity
Total Fixed Cost
Total Variable Cost
Total Cost
Average Cost
Marginal Cost
25
10
18
28
1,12
26
10
20
30
1,15
2
27
10
21
31
1,148
1
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