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The total costs for Morris Industries are summarized in the following table. Based on this information, fill in the missing entries in the table for

The total costs for Morris Industries are summarized in the following table. Based on this information, fill in the missing entries in the table for fixed cost, variable cost, average fixed cost, average variable cost, average total cost, and marginal cost.

1 2 3 4 5 6 7 8

Q FC VC TC AFC AVC ATC MC

0 1000

10 2000

20 2500

30 4000

40 6000

50 10,000

60 15,000

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