SR%20Prod%20and%20Cost%20-%20Handout

SR%20Prod%20and%20Cost%20-%20Handout - 108 20 8 1.57 3.01...

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Short Run Production and Cost L Q MP L AP L TFC TVC TC AFC AVC ATC MC 0 0 - - 100 0 10 0 - - - - 1 8 8 8.00 100 12 11 2 12.5 0 1.50 1.5 0 2 2 4 16 12.0 0 100 24 12 4 4.17 1.00 5.17 0.7 5 3 3 6 12.0 0 100 36 13 6 2.78 1.00 3.78 1.0 0 4 4 6 10 11.5 0 100 48 14 8 2.17 3.22 1.2 0 5 5 4 8 10.8 0 100 16 0 1.85 1.11 2.96 1.5 0 6 6 0 6 100 72 17 2 1.67 1.20 2.87 2.0 0 7 6 4 9.14 100 84 1.56 1.31 2.88 3.0
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4 0 8 6 7 3 8.38 96 19 6 1.49 1.43 2.93 4.0 0 9 6 9 2 7.67 100
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Unformatted text preview: 108 20 8 1.57 3.01 6.0 1 7 1 7.00 100 120 22 1.43 1.71 3.14 MP L = Q/ L APL=Q/L TC=TFC+TVC AFC=TFC/Q AVC=TVC/Q ATC=TC/Q =AFC+AVC MC= TC/ Q...
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This note was uploaded on 02/06/2011 for the course ECON 415 taught by Professor Holland during the Summer '09 term at Purdue University-West Lafayette.

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SR%20Prod%20and%20Cost%20-%20Handout - 108 20 8 1.57 3.01...

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