Case 5 130 90 85 Line X is: Oa. average variable cost (AVC) Ob. average total cost (ATC) Oc, marginal cost (MC) Od. average fixed cost (AFC) 340 V 390 4 480 10 11 19 20 28 29 37 38 Cases 43 44 Finish atter
Line Y is: O a average variable cost (AVC) Ob. average total cost (ATC) Oc. marginal cost (MC) Od. average fixed cost (AFC) Line Z is: Oa. average variable cost (AVC) Ob, average total cost (ATC) Oc. marginal cost (MC) Od. average fixed cost (AFC) Average fixed costs (AFC) can be found by taking: Oa X-Y Ob. Y-Z Oc. X-Z Od. cannot be determined At quantity 480, average total costs (ATC) are: Oa. $130 Ob. $90 Oc. $85 Od. cannot be determined Time left 1:15:37
At quantity 480, the total fixed costs (TFC) are: Oa. $20,400 Ob. $23,100 Oc. $2,400 Od. cannot be determined At quantity 480, the total costs (TC) are: Oa. $62,400 Ob. $40,800 Oc. $44,200 Od. $43,200
Case 5 130 90 85 Line X is: Oa. average variable cost (AVC) Ob. average total cost (ATC) Oc, marginal cost (MC) Od. aver
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Case 5 130 90 85 Line X is: Oa. average variable cost (AVC) Ob. average total cost (ATC) Oc, marginal cost (MC) Od. aver
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