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Economics 2200 Bonus 1) Complete the table below: (18 points) Labor Capital TP MP AP TFC TVC TC AFC AVC ATC MC (Q) 0 10 0 200 1 10 40 2 10 50 3 10 50 4 10 30 5 10 200 Labor is paid a wage of $100/day. All output is per day. Where: TP = total product; output; or quantity MP = marginal product AP = average product TFC = total fixed cost TVC = total variable cost TC = total cost AFC = Average fixed cost AVC =average variable cost ATC = Average total cost MC = marginal cost