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Costs Table Directions: Fill in the table. Units of Output Total Costs Total Fixed Costs Total Variable Costs Average Total Costs Average Fixed Costs Average
Costs Table
Directions: Fill in the table.
Units of Output | Total Costs | Total Fixed Costs | Total Variable Costs | Average Total Costs | Average Fixed Costs | Average Variable Costs | Marginal Costs |
0 | $1,000 | $1,000 | $0 | ||||
1 | 1,200 | ||||||
2 | 1,350 | ||||||
3 | 1,550 | ||||||
4 | 1,900 | ||||||
5 | 2,300 | ||||||
6 | 2,750 | ||||||
7 | 3,250 | ||||||
8 | 3,800 | ||||||
9 | 4,400 |
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