Question: 4- Complete the following table Output (pies) Total fixed cost Total variable cost (dollars) Total cost (dollars) Average total cost Average fixed cost 0 0
4- Complete the following table
| Output (pies) | Total fixed cost | Total variable cost (dollars) | Total cost (dollars) | Average total cost | Average fixed cost |
| 0 | 0 | 300 | |||
| 100 | 400 | ||||
| 200 | 1,000 | ||||
| 300 | 1,800 | ||||
| 400 | 2,800 |
5- Use the following table
| Quantity (units) | Price (dollars per unit) | Total revenue (dollars) | TC |
| 9 | 10 | 90 | 72 |
| 10 | 10 | 100 | 100 |
| 11 | 10 | 110 | 121 |
1- Based on the table above, what is the marginal revenue of the tenth unit of output?
A) $190
B) $100
C) $10
D) $9
2- What is the rational level of output to produce and why?
3- Do you have a breakeven point and why?
4- Do you have a shutdown point and why?
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