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Production costs
Answer.
| OUTPUT | PRICE (£000) | FIXED COST | VARIABLE COST | TOTAL COST | AVERAGE COST | MARGINAL COST |
| 0 | 100 | 100 | 0 | 100 | ||
| 1 | 90 | 100 | 30 | 130 | 130 | 30 |
| 2 | 80 | 100 | 58 | 158 | 79 | 28 |
| 3 | 70 | 100 | 83 | 183 | 61 | 25 |
| 4 | 60 | 100 | 108 | 208 | 52 | 25 |
| 5 | 50 | 100 | 153 | 253 | 50.6 | 45 |
| 6 | 40 | 100 | 208 | 308 | 51.3 | 55 |
| 7 | 30 | 100 | 268 | 368 | 52.6 | 60 |
| 8 | 20 | 100 | 368 | 468 | 58.5 | 100 |
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