Q 0 1 2 3 4 5 6 IN 7 8 9 10 TC (in millions) $50 54 56 57 59 62 66 72 80 92 110 TVC 0 4 6 7 9 12 16 22 30 42 60 AVC n/a 4 3 2.34 2.25 2.4 2.6 3.143 3.75 4.6 6 AFC n/a 50 28 19 14.75 12.4 11 10.28 10 10.22 11 ATC n/a 54 28 19 14.75 12.4 11 10.28 10 10.22 11 MC 54 56 57 59 62 66 72 80 92 110 125 1.what is the efficient capacity? if there is any 2. in one diagram, draw the manufacturer's AVC,ATC,and MC curves? DE

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
Q
0
1
2
U
3
4
5
6
7
8
9
10
TC (in millions)
$50
54
56
57
59
62
66
72
80
92
110
TVC
0
4
6
7
9
12
16
22
30
42
60
AVC
n/a
4
3
2.34
2.25
2.4
2.6
3.143
3.75
4.6
6
AFC
n/a
50
28
19
14.75
12.4
11
10.28
10
10.22
11
ATC
n/a
54
28
19
14.75
12.4
11
10.28
10
10.22
11
MC
54
56
57
59
62
66
72
80
92
110
125
1.what is the efficient capacity? if there is any
2. in one diagram, draw the manufacturer's
AVC,ATC,and MC curves?
TFC
Transcribed Image Text:Q 0 1 2 U 3 4 5 6 7 8 9 10 TC (in millions) $50 54 56 57 59 62 66 72 80 92 110 TVC 0 4 6 7 9 12 16 22 30 42 60 AVC n/a 4 3 2.34 2.25 2.4 2.6 3.143 3.75 4.6 6 AFC n/a 50 28 19 14.75 12.4 11 10.28 10 10.22 11 ATC n/a 54 28 19 14.75 12.4 11 10.28 10 10.22 11 MC 54 56 57 59 62 66 72 80 92 110 125 1.what is the efficient capacity? if there is any 2. in one diagram, draw the manufacturer's AVC,ATC,and MC curves? TFC
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