Calculation of fc and atc

Assignment Help Macroeconomics
Reference no: EM1311572

A firm has the following cost data:

Output

Total Cost

Variable cost

100

$7,000

$3,000

101

$7,400

$3,400

102

$7,900

$3,900

What are the FC, ATC, AFC, AVC and MC at these output levels?

Reference no: EM1311572

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