Question: From the given hypnotical table Calculate Total Cost, Average Fixed Cost, Average Variable cost and Marginal Cost.
| Quantity | Total
Fixed Cost |
Total
Variable Cost |
Total
Cost |
Average
Fixed Cost |
Average
Variable Cost |
Average
Total Cost |
Marginal
Cost |
| 0 | 100 | 0 | |||||
| 1 | 100 | 20 | |||||
| 2 | 100 | 30 | |||||
| 3 | 100 | 40 | |||||
| 4 | 100 | 50 | |||||
| 5 | 100 | 60 |
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