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Is this correct ? 6. A firm's fixed costs for 0 units of output and its average total cost of producing different output levels are

Is this correct ?

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6. A firm's fixed costs for 0 units of output and its average total cost of producing different output levels are summarized in the table below. Complete the table to find the fixed cost, variable cost, total cost, average fixed cost, average variable cost, and marginal cost at all relevant levels of output. Q FC VC TC AFC AVC ATC MC $15,000 100 300 200 200 300 175 400 225 500 325 600 400 Variable Cost(VC)=Fixed Cost(FC- Total Cost(TC) Fixed Cost- $15,000 Total Cost(TC)= Fixed Cost(FC)+Variable Cost(VC) Variable Cost- 30,000-15,000= $15,000 Average Total Cost (ATC) = Total Cost/Quantity Total Cost- 100x300=$30,000 Average Fixed Cost (AFC) = Fixed Cost/Quantity Average Fixed Cost- 15,000/100=$150 Average Variable Cost (AVC)= Variable cost/Quantity Average Variable Cost- 15,000/150= $100 Marginal Cost (MC) = Change in Total Cost / Change in Total Marginal Cost- (30,000-15,000)/100= $150 Quantity Q FC VC TC AFC AVC ATC MC 0 15,000 0 15,000 100 15,000 15,000 30,000 150 150 300 150 200 15,000 25,000 40,000 75 125 200 100 300 15,000 37,500 52,500 50 125 175 125 400 15,000 75,000 90,000 37.5 187.50 325 375 500 15,000 147,500 162,500 30 295 225 725 600 15,000 225,000 240,000 25 375 400 775

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