The Trouser Company has fixed costs of 2,000 per week. In addition, we have some information about its marginal costs (MC) and total variable costs (TVC) Output 0 30 60 90 100 120 150 MC 140 59 32 59 80 140 275 TVC 0 2850 4080 5310 6000 8160 14,250 For each of the output levels in the table, calculate the Trouser Company’ average variable costs (AVC) and average (total) cost (AC)
The Trouser Company has fixed costs of 2,000 per week. In addition, we have some information about its marginal costs (MC) and total variable costs (TVC) Output 0 30 60 90 100 120 150 MC 140 59 32 59 80 140 275 TVC 0 2850 4080 5310 6000 8160 14,250 For each of the output levels in the table, calculate the Trouser Company’ average variable costs (AVC) and average (total) cost (AC)
Chapter6: Proudction Costs
Section: Chapter Questions
Problem 9SQP
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The Trouser Company has fixed costs of 2,000 per week. In addition, we have some information about its marginal costs (MC) and total variable costs (TVC)
Output |
0 |
30 |
60 |
90 |
100 |
120 |
150 |
MC |
140 |
59 |
32 |
59 |
80 |
140 |
275 |
TVC |
0 |
2850 |
4080 |
5310 |
6000 |
8160 |
14,250 |
For each of the output levels in the table, calculate the Trouser Company’ average variable costs (
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