1. Calculate: total costs, average fixed costs, average variable costs, average total costs, and marginal costs. 

2. Determine total revenue and economic profit/ loss for this company.

Output	FC	VC	TC	AFC	AVC	ATC	MC	P	TR	Profit/Loss [Calculate $ Amt.]
0	60	0						65
1	60	45						65
2	60	85						65
3	60	120						65
4	60	150						65
5	60	185						65
6	60	225						65
7	60	270						65
8	60	325						65
9	60	390						65
10	60	465						65

3. Explain the shape and relationship of each cost curve.