home4 - marginal cost and graph them below 3 3 The table...

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EC 1, Section 1 Student Name: UCLA TA Name/Section: Winter, 2003 A. Bresnock Homework Assignment 4 (20 points) 1. Complete the cost table to make it consistent with the given numbers. Then plot the total cost functions for the range of output 0 - 16 on one diagram, and the average and marginal cost functions on another diagram. L Q TC TFC TVC ATC AFC AVC MC 0 0 25 1 4 25 2 10 4.17 3 13 5.77 4 15 8.33 5 16 150
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