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Total Product 2 3 4 6 7 10 that the following cost data are for a purely competitive producer: 30 oo 20 oo 16

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Total Product 2 3 4 6 7 10 that the following cost data are for a purely competitive producer: 30 oo 20 oo 16 oo 12.00 10.00 Average Fixed Average Variable Average Total $60.00 8.67 7.60 6.67 6.00 Cost so_oo $46.00 42.60 40.00 37.60 37.00 37.60 38.67 40.63 43.33 46.50 Cost so_oo $106.00 72.60 60.00 62.60 49.00 47.60 47.14 48.13 60.00 52.50 Marginal Cost 40 36 30 36 40 46 66 75

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