The table below shows the monthly cost of producing vintage model cars for collectors for quantities 0,
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Question:
The table below shows the monthly cost of producing vintage model cars for collectors for quantities 0, 100, 200, and 500.
Complete the table by filling in the average fixed cost, average variable cost and average total cost.
Output | Total Fixed Cost (dollars) | Total Variable Costs (dollars) | Total Cost (dollars) | Average Fixed Cost (dollars) | Average Variable Costs (dollars) | Average Total Cost (dollars) |
0 | $3000 | $0 | $3000 | - | - | - |
100 | 3000 | 1200 | 4200 | ? | ? | ? |
200 | 3000 | 1700 | 4700 | ? | ? | ? |
500 | 3000 | 4750 | 7750 | ? | ? | ? |
Instructions:
Round your answers to 2 decimal places
Vintage Model Car Production Costs
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