Calculation of fc and atc

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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