Using the given table, find the quantity where MC = ATC. Find the quantity where ATC is at its minimum.
Find the quantity that is the most efficient operating point for the firm.
Output Costs TFC TVC AFC AVC ATC MC
** Please see the attached file for the completed table **
To see how each ...
This solution shows how to use Excel to instantly and accurately solve problems that require the calculation of fixed, variable, and marginal costs from minimal data.