From the table given below, calculate the following.
a. Total cost for all the output levels
b. Average fixed cost for all the output levels
c. Average variable cost for all the output levels
d. Marginal Cost for all the output levels
Output Variable cost Fixed cost
8 30 500
16 70 500
24 120 500
32 170 500
40 220 500
48 280 500
Numbers and figures are an essential part of our world, necessary for almost everything we do every day. As important…
APPROVED BY CLIENTS
"assignmentexpert.com" is professional group of people in Math subjects! They did assignments in very high level of mathematical modelling in the best quality. Thanks a lot
Comments
Leave a comment