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Revenue and Cost Data for a Perfectly Competitive Firm Daily Output Price Total Revenue TFC TVC TC Profit 0 $30 V $0 $40 -$40 $30

Revenue and Cost Data for a Perfectly Competitive Firm Daily Output Price Total Revenue TFC TVC TC Profit 0 $30 V $0 $40 -$40 $30 $30 $40 $12 W -$22 2 X $60 $40 Y $68 -$8 w $30 $90 $40 $45 $85 Z Refer to Table 8-1. What is the AFC of producing two units of output? so $20 $40 $80

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