Reference no: EM13187298

Assume TC stands for Total Cost, TFC as Total Fixed Cost, TVC as Total Variable Cost, ATC as Average Total Cost, AFC as Average Fixed Cost, AVC as Average Variable Cost, and MC as Marginal Cost.

Unit
of
Output    TC    TFC    TVC   ATC    AFC    AVC      MC
-------------------------------------------------------------------------------------------------------

0            20
1                               1
2                                                                       3
3                                                             4
4                                       12
5            75
6                                                            16
7                                       24
8                                                                       86
9                             360