using the cost given in the table below, derive the values for the total cost (TC), average fixed cost (AFC), average variable cost (AVC), average total cost (ATC), and marginal cost (MC) output tons TFC  Ksh TVC ksh TC ksh AFC ksh AVC ksh ATC ksh MC ksh 0 100 0   ∞ ∞ ∞ ∞ 1 100 50           2 100 90           3 100 140           4 100 196           5 100 255           6 100 325           7 100 400           8 100 480           9 100 570           10 100 670

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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using the cost given in the table below, derive the values for the total cost (TC), average fixed cost (AFC), average variable cost (AVC), average total cost (ATC), and marginal cost (MC)

output

tons

TFC 

Ksh

TVC

ksh

TC

ksh

AFC

ksh

AVC

ksh

ATC

ksh

MC

ksh

0 100 0  
1 100 50          
2 100 90          
3 100 140          
4 100 196          
5 100 255          
6 100 325          
7 100 400          
8 100 480          
9 100 570          
10 100 670          
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