Question: Complete the hypothetical table below and explain in brief, the behaviour of each type of cost. (10 Marks) Quantity Total Fixed Cost Total Variable Cost

Complete the hypothetical table below and explain in brief, the behaviour of each type of cost. (10 Marks)

Quantity Total Fixed Cost Total Variable Cost Total Cost Average Fixed Cost Average Variable Cost Average Total Costa Marginal Cost 0

0

1

25

2

40

3

50

4

60

5 100 80

6

110

7

150

8

300

9

500

10

900

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