table below shows the cost of production for Coca-cola 200 ml. please answer the table and explain and graph Output Variable Cost Fixed cost Total Cost Marginal Cost Average Variable Cost Average Fixed Cost Average Total Cost 0 0 9 1 694 9 2 833 9 3 1018 9 4 1157 9

table below shows the cost of production for Coca-cola 200 ml. please answer the table and explain and graph Output Variable Cost Fixed cost Total Cost Marginal Cost Average Variable Cost Average Fixed Cost Average Total Cost 0 0 9 1 694 9 2 833 9 3 1018 9 4 1157 9

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter6: Proudction Costs

Section: Chapter Questions

Problem 8SQP

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Question

he table below shows the cost of production for Coca-cola 200 ml.

please answer the table and explain and graph

Output	Variable Cost	Fixed cost	Total Cost	Marginal Cost	Average Variable Cost	Average Fixed Cost	Average Total Cost
0	0	9
1	694	9
2	833	9
3	1018	9
4	1157	9

Definition Definition Total cost of producing a certain quantity of a good, divided by the quantity produced. It is the sum of all costs (fixed and variable) required to produce one unit of output.

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