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The cut off words say column and text book. Using the following formulas, create spreadsheet olumns for Q, TR, TFC, TVC, TC, AFC, AVC, ATC

The cut off words say "column" and "text book".

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Using the following formulas, create spreadsheet olumns for Q, TR, TFC, TVC, TC, AFC, AVC, ATC & Profit as in the extbook chapter 4. TR = 200*Q TFC = $1000 TVC = $10*Q + $0.5*Q^2 ble 4.2 Numerical example: cost functions. Total Variable Total Fixed Total Marginal Average Total Average Variable Average Fixed utput Cost Cost Cost Cost Cost Cost Cost 8.500 8.500 100 2.500 8.500 1 1.000 200 3,800 8.500 12,300 300 4.800 8.500 13,300 400 6,000 8.500 14.500 500 7.500 8.500 16,000 600 9.500 8.500 18,000 700 12.500 8,500 21,000 800 17,000 8,500 25.500 900 22.500 8,500 31,000 1:000 32.500 8.500 41.000 8.5 change in tocal as ange in output Table 4.5 Numerical example: profit maximization when there are many competitors

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