Production costs

Data response question

Production costs
Consider the following hypothetical example.

OUTPUT P TFC  TVC TC AC MC
0 100     100    
1 90     130    
2 80     158    
3 70     183    
4 60     208    
5 50     253    
6 40     308    
7 30     368    
8 20     468    
  1. Complete missing figures.
  2. Plot ATC and AVC.
  3. Plot MC.

Answer