Question: Complete the table below and explain and show how you got the answer. Quantity TC TVC AFC ATC MC AVC 1 200 2 100 3

Complete the table below and explain and show how you got the answer.

answer. Quantity TC TVC AFC ATC MC AVC 1 200 2 100

Quantity TC TVC AFC ATC MC AVC 1 200 2 100 3 20 4 240 5 24 660 160Quantity 1 2 3 4 5 6 7 (Units of output ) Firm A 60 70 80 90 100 110 120 Firm B 11 24 39 56 75 96 119 Firm C 21 34 49 66 85 106 129

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