Question: say no to handwriting Given the output (quantity), total fixed cost and total cost (in RO) in the following table:- Ouantity Q Total Fixed Total

say no to handwriting

say no to handwriting Given the output (quantity), total fixed cost and

Given the output (quantity), total fixed cost and total cost (in RO) in the following table:- Ouantity Q Total Fixed Total Variable Total Cost Marginal Cost Cost TC Cost TFC TVC MC Average Variable Cost Average Total Cost AVC AC 0 10 10 1 10 20 2 10 28 3 10 34 4 10 38 5 10 42 6 10 48 7 10 56 8 10 72 1- Calculate Total Variable cost (TVC), Average variable cost (AVC), Average cost (AC) and marginal cost (MC) (show your work) 2- Draw only the Average variable cost (AVC) and Marginal Cost (MC) curves

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