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Use your knowledge of cost functions to calculate the missed cost data in the accompanying table. Round your answers to two digits after thedecimal. QuantityMarginal

Use your knowledge of cost functions to calculate the missed cost data in the accompanying table.

Round your answers to two digits after thedecimal.

QuantityMarginal costFixed costVariable costTotal costAverage fixed costAverage variable costAverage total cost0------------

see attached cost data table

1$40.00

2$74.00

3$105.00

4$20.00

$412.00

What is the total cost when producing zerounits?

total cost: $

image text in transcribed
Use your knowledge of cost functions to calculate the missed cost data in the accompanying table. Round your answers to two digits after the decimal. Average xed Average variable Average total What IS the total cost when producing zero units? total cost: $ 20 What is the marginal cost for the rst unit? marginal cost: $ 40 What is the average total cost when producing three units? average total cost: $ 136.33 Incorrect What is the average variable cost when producing four units? average variable cost: $ 98

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