ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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K | L | Q | MPL | APL (Q/L) | VML (MPL*P) | FC | VC (L*150) | TC |
5 | 0 | 0 | 0 | 0 | ||||
5 | 1 | 50 | 50 | 50 | 50 | 25 | 150 | 175 |
5 | 2 | 125 | 75 | 62.5 | 150 | 25 | 300 | 325 |
5 | 3 | 225 | 100 | 75 | 200 | 25 | 450 | 475 |
5 | 4 | 375 | 150 | 93.7 | 300 | 25 | 600 | 625 |
5 | 5 | 450 | 75 | 90 | 150 | 25 | 750 | 775 |
5 | 6 | 450 | 0 | 75 | 0 | 25 | 900 | 925 |
5 | 7 | 400 | -50 | 57.14 | -100 | 25 | 1050 | 1075 |
5 | 8 | 425 | -75 | 53.12 | -150 | 25 | 1200 | 1225 |
5 | 9 | 450 | -25 | 50 | -50 | 25 | 1350 | 1375 |
5 | 10 | 500 | -50 | 50 | -100 | 25 | 1500 | 1525 |
5 | 11 | 525 | 25 | 47.7 | 50 | 25 | 1650 | 1675 |
Define firm’s fixed costs. Next, what is Firm’s FC in the Table above. Why?
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