Assignment 1. Find the value of A,B,C,D & E. Add $8 with FC. New FC=$10, now assuming quantity and variable cost remain the same, Create a new table and find the value of TC,AFC,AVC,ATC & MC. FC VC тC AFC AVC ATC MC 3 1.8 .9 1.9 2.4 4.4 .8 1.47 .6 4 2.8 4.8 .5 1.2 .4

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
Section: Chapter Questions
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1. Find the value of A,B,C,D & E. Add $8 with FC. New FC=$10, now assuming quantity and variable
cost remain the same, Create a new table and find the value of TC,AFC,AVC,ATC & MC.
FC
VC
тC
AFC
AVC
ATC
MC
3
1.8
.9
1.9
2.4
4.4
.8
1.47
.6
4
2.8
4.8
.5
1.2
.4
Transcribed Image Text:Assignment 1. Find the value of A,B,C,D & E. Add $8 with FC. New FC=$10, now assuming quantity and variable cost remain the same, Create a new table and find the value of TC,AFC,AVC,ATC & MC. FC VC тC AFC AVC ATC MC 3 1.8 .9 1.9 2.4 4.4 .8 1.47 .6 4 2.8 4.8 .5 1.2 .4
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