Question: Quantity of Labor Total Output Fixed Cost Variable Cost Total Cost Marginal Cost Average Variable Cost Average Fixed cost Average Total Cost 0 0 $160

Quantity of Labor Total Output Fixed Cost Variable Cost Total Cost

Quantity of Labor Total Output Fixed Cost Variable Cost Total Cost Marginal Cost Average Variable Cost Average Fixed cost Average Total Cost 0 0 $160 $160 16 $160 $80 $240 $80.00 $80.00 $160.00 $240.00 40 $160 $160 $320 $199.00 $80.00 $80.00 $160.00 60 $160 $240 $400 $291.33 $80.00 $53.33 $133.33 72 $160 $320 $480 $377.00 $80.00 $40.00 $120.00 80 $160 $400 $560 $460.00 $80.00 $32.00 $112.00 84 $160 $480 $640 $541.67 $80.00 $26.67 $106.67

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