Douglas Fur (DF) is a small manufacturer of fake-fur boots. Its total cost of pr

Question

Douglas Fur (DF) is a small manufacturer of fake-fur boots. Its total cost of production is given in the following table. Fill in the remaining cells of the table. The table is worth a total of 13 points. You receive 1 point for each of the six cells in the marginal cost column that you fill in correctly. You also receive 1 point for each row of the table that you fill in correctly from the fixed cost column to the average total cost column. Missing one of the four cells in a row will result in an incorrect mark for the entire row.

Explanation / Answer

output TC MC FC VC AVC ATC 0 60 - 60 0 0 0 1 160 100 60 100 100 160 2 220 60 60 160 80 110 3 270 50 60 210 70 90 4 340 70 60 280 70 85 5 450 110 60 390 78 90 6 630 180 60 570 95 105

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