Complete the table, then graph the ATC, AFC, AVC, and MC curves
Microeconomics
Name
Project I
The following table shows a firm's cost structure
1.
Complete the table (round figures to the nearest cent)
QL 0 1 2 3 4 5 6 7 8 9 10
Q 0 1510 3750 6750 10350 11910 12870 13470 13950 14280 14430
TFC
TVC $6,500.00 $0.00 $6,500.00 $1,872.00 $6,500.00 $3,762.00 $6,500.00 $5.292.00 $6,500.00 $7,776.00 $6,500.00 $9.342.00 $6,500.00 $10.638.00 $6,500.00 $11.772.00 $6,500.00 $12,852.00 $6.500.00 $13.978.00 $6,500.00 $15,796.00
TC
ATC
AFC
AVC
MC