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100 240 100 320 440 100 6 100 600 7 100 800 8 100 1040 9 100 1340 100 1800 10 Av

ID: 1173652 • Letter: 1

Question

100 240 100 320 440 100 6 100 600 7 100 800 8 100 1040 9 100 1340 100 1800 10 Average AverageAverage total Total Total fixed eQ-variable-Total fixed.+variable Marginal Total product cost 0 $100 0 100 100 100 200 $100.00 $100.00 $200.00 $100 100 180 280 50.00 90.00 140.00 80.00 113.33 80.00 105.00 88.00 108.00 3 100 240 34033.33 4 100 320 420 25.00 120 160 7100 800 900 14.29 114.29 128.57 200 8 100 1040 1140 12.50 142.50 130.00 240 300 460 100 440 540 20.00 100 600 700 16.66 100.00 6.67 9 100 1340 1440 11.11 148.89 160.00 10 100 1800 1900 10.00 180.00 190.00 [text: E pp. 384-389, MI pp. 150-155] 26. Complete the following short-run cost table using the information provided P 240 P 50 s 4 17 TFC ATC MC s 0 S0 3.00 2.50 2.00 1.75 1.80 2.17 2.57 7.00 4.50 3.33 2.75 2.60 2.83 3.14 S3 10 1 1/Loss a 13 17 13 18 text: E pp 384-389, MI pp 150-155] 385

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