Ch. 6 # 1 - Econ 201

Ch. 6 # 1 - Econ 201 - 333.33 1750 3 = 583.33 1000 4 = 250...

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0 1000 - 0 1 1200 200 200 200 2 1450 250 450 225 3 1750 300 750 250 4 2100 350 1100 275 5 2500 400 1500 300 Rate of Output (Q) Total Cost (TC) Marginal Cost (MC) Average Fixed Cost (AFC) Variable Cost (VC) Average Variable Cost (AVC) Average Total Cost (ATC) 1000 / 0 = 0 / 0 = 0 1000 / 0 = 1000 / 1 = 1000 1200 / 1 = 1200 1000 / 2 = 500 1450 / 2 = 725 1000 / 3 =
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Unformatted text preview: 333.33 1750 / 3 = 583.33 1000 / 4 = 250 2100 / 4 = 525 1000 / 5 = 200 2500/ 5 = 500 1 2 3 4 5 200 400 600 800 1000 1200 Average Total Cost and Marginal Cost Vs. Quantity Column C Column I QUANTITY [Units per period] COST [Dollars per unit] 10000000 1200 725 583.33 525 500...
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This note was uploaded on 04/09/2011 for the course ECON 201 taught by Professor Joyce during the Spring '07 term at Drexel.

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Ch. 6 # 1 - Econ 201 - 333.33 1750 3 = 583.33 1000 4 = 250...

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