Question
Customers Total Cost Marginal Cost Average Cost ($) ($ per customer) ($ per customer) 1 $30 2 $36 3 $48 4 $66 5 $90 6
Customers Total Cost Marginal Cost Average Cost ($) ($ per customer) ($ per customer) 1 $30 2 $36 3 $48 4 $66 5 $90 6 $120 7 $156 8 $198
| Customers | Total Cost | Marginal Cost | Average Cost |
|---|---|---|---|
| ($) | ($ per customer) | ($ per customer) | |
| 1 | $30 | ||
| 2 | $36 | ||
| 3 | $48 | ||
| 4 | $66 | ||
| 5 | $90 | ||
| 6 | $120 | ||
| 7 | $156 | ||
| 8 | $198 | ||
For each customer load, calculate both the marginal cost and the average cost. Then answer the question that follows.
Note: Round your answers to the nearest cent.
In order to maximize profits, you should carry customers per load.
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
10th Edition
1119491630, 978-1119491637, 978-0470534793
