Output 0 1 2 3 4 5 7 1. a. Complete the table below. COMPULSORY (30marks) Total Total Total Variable Cost Fixed Average
Posted: Sun Jun 05, 2022 4:41 pm
Output 0 1 2 3 4 5 7 1. a. Complete the table below. COMPULSORY (30marks) Total Total Total Variable Cost Fixed Average Average Fixed Cost Variable Cost Cost Cost 0 100 190 270 8 9 90 470 550 640 750 880 10 1030 b. Briefly explain the following: i. The rising marginal cost (5 marks) ii. The relationship between the marginal cost and the average total cost.(5 marks) 340 400 Average Marginal Total Cost Cost