Hi,

Based on the table below; how can describe the impact of the cost behavior on economies of scale, constant returns to scale, and diseconomies of scale in each firm?

How can I calculate the average cost for each firm to justify my answer?

What is the value of fixed cost in each firm?

Output TC firm 1 TC Firm 2 TC Firm 3 0 $1200 $3000 $20 $1500 $7000 $50 2 $2800 $15000 $100 3 $3900 $24000 $150 4 $4800 $36000 $500 5 $5500 $50000 $1000 6 $6000 $72000 $2400