Given: TC = 3,000 + 100Q TC = 3000 + 100Q ATC = Q = 10 AC = TC / Q TC = 3000 + 100*10 = 4000 ATC = 4000/10 = 400 MC = ∆TC / ∆Q = 100 How do you figure the Fixed Cost with Fomula?
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Given: TC = 3,000 + 100Q
TC = 3000 + 100Q
ATC = Q = 10
AC = TC / Q
TC = 3000 + 100*10 = 4000
ATC = 4000/10 = 400
MC = ∆TC / ∆Q = 100
How do you figure the Fixed Cost with Fomula?
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