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Intermediate (Problems 6-9) 6. ( LO 5) 9 Table 6.11 shows some of the costs of production for a the Clean-Cut Chain Saws manufacturing company.

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Intermediate (Problems 6-9) 6. ( LO 5) 9 Table 6.11 shows some of the costs of production for a the Clean-Cut Chain Saws manufacturing company. TABLE 6.11 Output Total Cost (S) Total Variable Cost Marginal Cost Average Total Cost Average Variable Cost Average Fixed Cost O 2520 3420 2 4040 3 4500 4920 5220 5520 1111111 1111111 111111 111111 6300 7320 10 9720 Complete the table. b) What is the value of total fixed cost? S ) What is the most productive level of output? d) At what output is economic capacity? e) If TFC doubled, what is the marginal cost of the Sth unit? $

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