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Consider the following cost schedule. Labour TP TFC TVC TC AFC AVC ATC MC a 0 0 210.0 0.0 210.0 - - - - b
Consider the following cost schedule.
Labour
TP
TFC
TVC
TC
AFC
AVC
ATC
MC
a
0
0
210.0
0.0
210.0
-
-
-
-
b
1
10
210.0
22.5
232.5
2.3
23.3
2.3
c
2
22
210.0
45.0
255.0
2.0
11.6
d
3
31
210.0
67.5
277.5
6.8
2.2
9.0
e
4
37
210.0
90.0
300.0
5.7
8.1
3.8
f
5
41
210.0
112.5
322.5
5.1
7.9
5.6
What is variable cost at points e and f?
Select one:
22.5 and 16.0
2.3 and 2.0
21.9 and 7.5
2.4 and 2.7
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