A firm has fixed costs of $60 and variable costs as indicated in the table below. Calculate the other costs.

Instructions:

Round your answers so that you enter no more than 2 decimal places.

Total Product Total Variable Cost

0 ............... 0

1 ............. 45

2 ............. 85

3 .............. 120

4 .............. 150

5 .............. 185

6 .............. 225

7 .............. 270

8 .............. 325

9 .............. 390

10 ............ 465

Calculate

Total Fixed Cost,

Total Cost,

Average Fixed Cost,

Average Variable cost,

Average Total Cost, and

Marginal Cost