In the short run, a firm operates a factory which it leases for $2000 per annum. To increase output, the firm employs increasing amounts of labour  at a wage rate of $500 per worker. The table below shows the relationship between the amount of labour employed and the amount of output produced in the factory.   Labour Output (TPPP) APP MMP VC FC TC ATC MC 0 0   ____ ___ 0     _ _ 1 15               2 50               3 80               4 100               5 110               6 115               Using the information provided, calculate  the following: APP MPP VC FC TC ATC MC

Q: Labor Output TFC TVC TC MC AFC AVC АТС 25 ---- - 4 25 25 10 25 50 3 13 25 75 15 25 100 F 16 25 125…

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