Given the cost information below, answer the following questions. Output Total Cost 0 $20 10 98.1 20 140.8 30 160.7 40 170.4 50 182.5 Instructions: Round your answers to 2 decimal places. a. When output is 10, total variable cost is $ . b. When output is 20, average fixed cost is $ . c. When output is 30, average variable cost is $ . d. When output is 40, average total cost is $ . e. When output is 50, marginal cost is $ .
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Given the cost information below, answer the following questions. Output Total Cost 0 $20 10 98.1 20...
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