Just to make sure you€™ve gotten enough practice using the different formulas in this chapter, let€™s try a challenging exercise with them. Very little information is given in the following table, but surprisingly, there€™s enough information for you to fill in all of the missing values€”if you remember all of the relationships and can think of creative ways to use them.

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Total Fixed Variable Average Marginal Total Quantity Cost Cost Cost Cost Cost Revenue Profits -$80 $4 10 20 30 40 50 $200 $240 $450 13.60 $20