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Question 6. On page 193
A firm
Solution
Fixed remains same in all level of production.
Total Cost = Average Total Cost * Quantity
Variable cost = Total Cost - Fixed Cost
Average Fixed Cost = Fixed Cost / Quantity
Avierage Variable Cost = Variable Cost / Qunatity
Marignal Cost = Difference in total Cost / Difference in
QuantityQFCVCTCAFCAVCATCMC0$15,000.000$15,000.000000100$15,000.00$15,000.00$
30,000.00$150$150$300$300200$15,000.00$25,000.00$40,000.00$75$125$200$100300$15,00
0.00$37,500.00$52,500.00$50$125$175$125400$15,000.00$75,000.00$90,000.00$37.5$187.50
$225$375500$15,000.00$147,500.00$162,500.00$30$295$325$725600$15,000.00$225,000.00
$240,000.00$25$375$400$775

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Question 6. On page 193A firmSolutionFixed remains same in.pdf

  • 1. Question 6. On page 193 A firm Solution Fixed remains same in all level of production. Total Cost = Average Total Cost * Quantity Variable cost = Total Cost - Fixed Cost Average Fixed Cost = Fixed Cost / Quantity Avierage Variable Cost = Variable Cost / Qunatity Marignal Cost = Difference in total Cost / Difference in QuantityQFCVCTCAFCAVCATCMC0$15,000.000$15,000.000000100$15,000.00$15,000.00$ 30,000.00$150$150$300$300200$15,000.00$25,000.00$40,000.00$75$125$200$100300$15,00 0.00$37,500.00$52,500.00$50$125$175$125400$15,000.00$75,000.00$90,000.00$37.5$187.50 $225$375500$15,000.00$147,500.00$162,500.00$30$295$325$725600$15,000.00$225,000.00 $240,000.00$25$375$400$775