Calculate the Average Total Cost for points A & B.Input (Labor)OutputTFCTVCTCMCATCAVC4.50$125$1585$125$30O A-S35 -525.83O 4:52.80 B-5182OA-S0.36 B-50.sOAS250 BS147Question 4Calculate the Average Variable Cost for points A &BInput (Labor)OutputTFCTVCTCMCATCAVC4.50$125$1585$125$30OA52.50 -4147OAS030 -5035

Formula to calculate ATC:- ATC=TCQ Formula to calculate…

Input (Labor) Output TEC TVC TC MC ATC AVC 50 $125 $15 85 $125 $30 OA-S35 -525.83 O A-5280 B-5182 OA10.36 B-50.5s OA$250 B-S147 D Question 4 Calculate the Average Varlable Cost for points A&B Input (Labor) Output TFC TVC TC MC ATC AVC 50 $125 $15 85 $125 $30 DA5250 -4147 4-5030 -503s

Input (Labor) Output TEC TVC TC MC ATC AVC 50 $125 $15 85 $125 $30 OA-S35 -525.83 O A-5280 B-5182 OA10.36 B-50.5s OA$250 B-S147 D Question 4 Calculate the Average Varlable Cost for points A&B Input (Labor) Output TFC TVC TC MC ATC AVC 50 $125 $15 85 $125 $30 DA5250 -4147 4-5030 -503s

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter7: Production, Costs, And Industry Structure

Section: Chapter Questions

Problem 18RQ: How do we calculate each of the following: marginal cost, average total cost, and average variable...

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Question

Calculate the Average Total Cost for points A & B.
Input (Labor)
Output
TFC
TVC
TC
MC
ATC
AVC
4.
50
$125
$15
85
$125
$30
O A-S35 -525.83
O 4:52.80 B-5182
OA-S0.36 B-50.s
OAS250 BS147
Question 4
Calculate the Average Variable Cost for points A &B
Input (Labor)
Output
TFC
TVC
TC
MC
ATC
AVC
4.
50
$125
$15
85
$125
$30
OA52.50 -4147
OAS030 -5035

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