$… Show more Total Product Average Fixed Cost Average Vari

Homework Assistance Economics $… Show more Total Product Average Fixed Cost Average Vari

Economics

$… Show more Total Product Average Fixed Cost Average Vari

$… Show more Total Product Average Fixed Cost Average Variable Cost Average Total Cost Marginal Cost 0 $0.00 $0.00 $0.00 na 1 $60.00 $45.00 $105.00 $45.00 2 30.00 42.50 72.50 40.00 3 20.00 40.00 60.00 35.00 4 15.00 37.50 52.50 30.00 5 12.00 37.00 49.00 35.00 6 10.00 37.50 47.50 40.00 7 8.57 38.57 47.14 45.00 8 7.50 40.63 48.13 55.00 9 6.67 43.33 50.00 65.00 10 6.00 46.50 52.50 75.00 d. In the table below, complete the short-run supply schedule for the firm (columns 1 and 2) and indicate the profit or loss incurred at each output (column 3). Instructions: Enter whole numbers for your answers in the table below. For any negative number, be sure to include a negative sign (-) in front of the number. (1) Price (2) Quantity Supplied, Single Firm (3) Profit or Loss (-) (4) Quantity Supplied, 1500 Firms $26.00 $ 32.00 38.00 41.00 46.00 56.00 66.00 • Show less

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