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Draw the TC, ATC. AVC, AFC and MC following the data TC Quantity/day Fixed cost Variable cost Marginal Cost ATC AVC AFC 200 0 200
- Draw the TC, ATC. AVC, AFC and MC following the data
TC | Quantity/day | Fixed cost | Variable cost | Marginal Cost | ATC | AVC | AFC |
200 | 0 | 200 | 0 | 0 | 0 | 0 | 0 |
300 | 1 | 200 | 100 | 100 | 300 | 100 | 200 |
363 | 2 | 200 | 163 | 63 | 181.5 | 81.5 | 100 |
400 | 3 | 200 | 200 | 37 | 133.3 | 66.67 | 66.67 |
433 | 4 | 200 | 233 | 333 | 108.25 | 58.5 | 50 |
458 | 5 | 200 | 258 | 25 | 97 | 51.6 | 40 |
480 | 6 | 200 | 280 | 22 | 80 | 46.67 | 33.33 |
500 | 7 | 200 | 300 | 20 | 71.42 | 42.85 | 28.57 |
538 | 8 | 200 | 338 | 38 | 67.25 | 42.25 | 25 |
600 | 9 | 200 | 400 | 62 | 66.66 | 44.44 | 22.22 |
700 | 10 | 200 | 500 | 100 | 70 | 50 | 20 |
900 | 11 | 200 | 700 | 200 | 81.81 | 63.63 | 18.18 |
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