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# Table 8.4 presents the cost schedule for David's Figs.

wrote...
Posts: 209
4 weeks ago
 Number of Figs VC MC AVC FC TC ATC 0 ​ ​ ​ 100 ​ ​ 1 90 90 ​ ​ ​ ​ 2 ​ ​ ​ ​ ​ 135 3 ​ ​ 80 ​ ​ ​ 4 ​ ​ ​ ​ 400 ​
Table 8.4

Table 8.4 presents the cost schedule for David's Figs. If David produces two figs, David's average variable costs are:

▸ $80. ▸$85.

▸ $90. ▸$170.
Textbook
 Microeconomics: Principles, Applications, and Tools Edition: 8th Authors: O'Sullivan, Sheffrin, Perez
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wrote...
4 weeks ago
 $85. wrote... 4 weeks ago  Thanks Answer accepted by topic starter wrote... 4 weeks ago  Number of Figs VC MC AVC FC TC ATC 0 ​ ​ ​ 100 ​ ​ 1 90 90 ​ ​ ​ ​ 2 ​ ​ ​ ​ ​ 135 3 ​ ​ 80 ​ ​ ​ 4 ​ ​ ​ ​ 400 ​ Table 8.4 Table 8.4 presents the cost schedule for David's Figs. If David produces three figs, David's total variable costs are: ▸$0.

▸ $41.67. ▸$80.

▸ $240. Answer verified by a subject expert wrote... Posts: 227 4 weeks ago  Sign in or Sign up in seconds to unlock everything. Related Topics Answer accepted by topic starter wrote... 4 weeks ago  Number of Figs VC MC AVC FC TC ATC 0 ​ ​ ​ 100 ​ ​ 1 90 90 ​ ​ ​ ​ 2 ​ ​ ​ ​ ​ 135 3 ​ ​ 80 ​ ​ ​ 4 ​ ​ ​ ​ 400 ​ Table 8.4 Table 8.4 presents the cost schedule for David's Figs. If David produces two figs, David's marginal costs are: ▸$80.

▸ $90. ▸$100.

▸ \$170.
Answer verified by a subject expert
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Posts: 252
4 weeks ago
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