A firm fixed cost are 0 outputs and its aveage total cost producing different output levels are summarized in the table below.....
Complete the table to find the fixed cost, variable cost, total cost, average fixed cost and average variable cost and marginal cost.
Q FC VC TC AFC AVC MC
0 $10,000 -
300 133 1/3
If you help me solve this table......thanks! IF you help me figure out the formulas to solve the table.
Attached is my suggestion solution to your problem in MS Excel format. In the file, I provide all the ...
This posting offers calculations of the values in the table.