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OUTPUT TOTAL COST 0 45 1 54 2 62 3 69 4 75 5 82 6 90 Part 1: The TVC of producing 4 units

OUTPUT TOTAL COST
0 45
1 54
2 62
3 69
4 75
5 82
6

90

Part 1: The TVC of producing 4 units of output is

Part 2: The AFC of producing 6 units of output is:

Part 3: The marginal cost of producing the fifth unit of output is:

Part 4: The ATC of producing 5 units of output is:

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