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e. Fixed Cost. f . Average Fixed Cost 12,000 11,000 10,000 ? 10,000 20,000 8. Use the graph below to calculate for Q =10,000 a.

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e. Fixed Cost. f . Average Fixed Cost 12,000 11,000 10,000 ? 10,000 20,000 8. Use the graph below to calculate for Q =10,000 a. Variable Cost b. Total Cost C. Average Variable Cost d. Average Total Cost e. Fixed Cost. f. Average Fixed Cost 12,000 11,000 10,000 10,000 20,000 9. Use the graph below to calculate for Q = 60 Variable Cost b. Total Cost c. Average Variable Cost d. Average Total CostMarginal Cost of the last unit produced. f. Fixed Cost. g. Average Fixed Cost 44 40 24 20 10 10 50 120 300 6. Use the graph below to calculate for Q = 100 a. Variable Cost b. Total Cost C. Average Variable Cost d. Average Total Cost e. Marginal Cost of the last unit produced. f. Fixed Cost. . Average Fixed Cost MC ATC AVC 10 20 50 100 150 170 7. Use the graph below to calculate for Q =20,000 a. Variable Cost b. Total Cost C. Average Variable Cost d. Average Total Costc. The marginal cost of producing unit #301is (higher/lower/the same as) the marginal cost of producing unit #300. d. In area A, the marginal cost (rise/fall) and the marginal product of labor (rise/fall) as the firm produces more units of output In areaB, the marginal cost (rise/fall) and the marginal product of labor ( rise/fall) as the firm produces more units of output f . For 200 units of output, the (marginal cost/total cost) is (minimum/maximum) A B - - - 0 100 200 300 12. Use the graph below to answer the following questions: a. The graph shown in the figure below is the typical (Total Cost/Variable Cost/Fixed Cost/ Total Product) . The marginal product of worker #501is (higher/lower/the same as) the marginal product of worker #500.e . Marginal Cost of the last unit produced. f. Fixed Cost. g. Average Fixed Cost 22 MC 20 ATC AVC 5 5 25 60 150 10. Fill in the missing values in the table below: TP VC FC TC ATC AFC AVC MC 135 100 50000 235 50150 350 200 435 0.57 485 103.71 11. Use the graph below to answer the following questions: a. The graph shown in the figure below is the typical(Total Cost/Variable Cost/Fixed Cost/ Total Product) b. The marginal cost of producing unit #101is (higher/lower/the same as) the marginal cost of producing unit #100.f. Fixed Cost. g. Average Fixed Cost 44 40 24 20 10 10 50 120 300 4. Use the graph below to calculate for Q = 300 a. Variable Cost b. Total Cost C. Average Variable Cost d. Average Total Cost e. Marginal Cost of the last unit produced. Fixed Cost g. Average Fixed Cost 14 40 24 20 10 10 50 120 300 5. Use the graph below to calculate for Q = 120 a. Variable Cost b. Total Cost c. Average Variable Cost d. Average Total CostThe marginal product of worker #1,501is (higher/lower/the same as) marginal product of worker#1,500. the d. In area A, the marginal cost (rise/fall) ( rise/ fall ) and the marginal product of labor as the firm hires more workers. e. In areaB, the marginal cost (rise/fall) and the marginal product of labor (rise/fall) as the firm hires more workers f. For worker #1,000, the marginal (cost/product) is (minimum/ maximum ) B - - - - - 0 500 1,000 1,5003. Use the graph below to calculate for Q= 50 a. Variable Cost 20 b. Total Cost C. Average Variable Cost d. Average Total Cost e. Marginal Cost of the last unit produced

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