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Short-Run Cost Puzzle Name Date Due Total Product Total Flowed Total Tom Cost Average Average Marginal Coul Variable Fixed Cost Variable Total Cost Cost 45

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Short-Run Cost Puzzle Name Date Due Total Product Total Flowed Total Tom Cost Average Average Marginal Coul Variable Fixed Cost Variable Total Cost Cost 45 0 1 57 102 2 154 77 3 52 4 243 60.75 5 50 67 45 362 52.83 Use the definitions for TFC, TVC, TC, AFC, AVC, ATC and SMC along with the data provided above to fill in the missing values. Use space below for worksheet. " means infinitely large. Applicable relationships are: SAC = AFC + AVC II STC TFC TVC Q Q ATVC ATC SMC = AQ A

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