Question: Hello i have this question i hope it doesn't take to much of your time, it would be appreciated so i can see how you

Hello i have this question i hope it doesn't take to much of your time, it would be appreciated so i can see how you do this

Hello i have this question i hope it doesn't take to much

2. (a) Fill in the blanks in the table given below (11 marks) Units of Fixed Variable Total Marginal Average Average Average Output Cost Cost Cost Cost Fixed Cost Variable Total (Y) (FC) (VC) (TC) (MC) (AFC) Cost Cost (AVC) (ATC) 100 125 145 W N 157 177 202 236 270 326 398 10 490 (b) On a single graph, draw the MC, AVC, and ATC curves. (6 marks)

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