3. A firm has fixed cost of $90.00 and variable costs as indicated in the table below. Complete the table. TP TFC TVC 0 $ 90.00 $ 1 2 3 4 5 6 7 8 9 10 $90.00 $ 50.00 $90.00 $90.00 $ 90.00 $125.00 $ 90.00 $155.00 $90.00 $190.00 $90.00 $230.00 $ 90.00 $275.00 $ 90.00 $330.00 $ 90.00 $395.00 $ 90.00 $470.00 TC AFC AVC ATC MC

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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3. A firm has fixed cost of $90.00 and variable costs as indicated in the table below. Complete the table.
TC
AFC
AVC
ATC
MC
TP
TFC
TVC
0
$ 90.00 $
-
1
2
3
4
5
6
$ 90.00 $ 50.00
$ 90.00 $ 90.00
$90.00 $125.00
$ 90.00 $155.00
$ 90.00 $190.00
$ 90.00 $230.00
7
$ 90.00 $275.00
89
8
$ 90.00 $ 330.00
9
10
$ 90.00 $395.00
$ 90.00 $470.00
Transcribed Image Text:3. A firm has fixed cost of $90.00 and variable costs as indicated in the table below. Complete the table. TC AFC AVC ATC MC TP TFC TVC 0 $ 90.00 $ - 1 2 3 4 5 6 $ 90.00 $ 50.00 $ 90.00 $ 90.00 $90.00 $125.00 $ 90.00 $155.00 $ 90.00 $190.00 $ 90.00 $230.00 7 $ 90.00 $275.00 89 8 $ 90.00 $ 330.00 9 10 $ 90.00 $395.00 $ 90.00 $470.00
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