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$/unit TC = FC + VC MC TC=TC = P* * K + PL * L ATC = AFC + AVC TC FC VC Q

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$/unit TC = FC + VC MC TC=TC = P* * K + PL * L ATC = AFC + AVC TC FC VC Q TC P * P * L Q 40 .ATC "AVC 20 14.28 100 200 Quantity 175 (firm) Use the graph below to answer the question. If the firm increased production from 100 to 175 units what is MC?Use the graph below to answer the question. If the firm produced 100 units of the good, what is the total fixed cost of production. $/unit TC = FC + VC MC TC=TC = PK * K + P_ * L ATC = AFC + AVC TC FC VC Q TC PR * K P * L Q 40 .....AT.C "AVC" 20 14.28 100 175 200 Quantity (firm)

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