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QUESTION: (a)Complete the following table. Units TFC TVC TC AFC AVC AC MC 0 24 0 1 24 28 2 24 54 3 24 75

QUESTION:

(a)Complete the following table.

Units TFC TVC TC AFC AVC AC MC

0 24 0

1 24 28

2 24 54

3 24 75

4 24 96

5 24 126

6 24 168

7 24 214

8 24 264.

(b)Draw AFC, AVC, AC, and MC on a graph.

(c)Explain the relationship between AC and MC.

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