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)

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Author:Tucker, Irvin B.
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Chapter6: Proudction Costs
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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 (AVC) and average (total) cost (AC)

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