Total Product TC MC 0 $200 - 20 $240 $2 44 $279.84 $1.66 70 $319.90 $1.54 94
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Question:
Total Product | TC | MC |
0 | $200 | - |
20 | $240 | $2 |
44 | $279.84 | $1.66 |
70 | $319.90 | $1.54 |
94 | $360.02 | $1.67 |
114 | $399 | $1.94 |
118 | $438.96 | $9.99 |
Total Product | AFC | AVC | ATC |
0 | $200 | $0 | $200 |
20 | $10 | $2 | $12 |
44 | $4.55 | $1.81 | $6.36 |
70 | $2.86 | $1.71 | $4.57 |
94 | $2.13 | $1.70 | $3.83 |
114 | $1.75 | $1.75 | $3.50 |
118 | $1.69 | $2.03 | $3.72 |
How many lawns should be cut during each day by Lisa' business to minimize its average total cost or operate most efficiently?
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