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TC = 1000 + 0.2 Q + 0.001 Q 2 Given the above cost function, answer the following: FC = __1,000______________ VC = ___0.2Q+0.001Q^2_____________ AFC
- TC = 1000 + 0.2 Q + 0.001 Q2
Given the above cost function, answer the following:
- FC = __1,000______________
- VC = ___0.2Q+0.001Q^2_____________
- AFC = __1,000/Q_________________
- AVC = __________________
- ATC = ____________________
- Calculate AFC, AVC, ATC if Q = 100
- Given the following cost table, fill in the blanks
Q | FC | VC | TC | AFC | AVC | ATC | MC |
0 | 10000 | ||||||
1 | 200 | ||||||
2 | 5150 | ||||||
3 | 200 |
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