Question: Total Total Average Average Total Average Marginal Output Fixed Variable Fixed Varible Total Costs Costs Cost Costs Cost Cost Cost (TC] [MC) (TFC] (TVC] (AFC)

 Total Total Average Average Total Average Marginal Output Fixed Variable Fixed

Total Total Average Average Total Average Marginal Output Fixed Variable Fixed Varible Total Costs Costs Cost Costs Cost Cost Cost (TC] [MC) (TFC] (TVC] (AFC) (AVC) [ATC] 1 $127.00 $22.00 $127.00 $31.00 Table 1 Observe Table 1 above. At the Output equaling 2 what is the Marginal Costs? Use the worksheet to solve this problem then fill-in your answer in the space provided below. QUESTION 26 Total Total Total Average Average Average Marginal Output Fixed Variable Fixed Varible Total Costs Costs Cost Costs Cost Cost Cout (TC) [ATC] (MC) [TFC] [TVC) [AFC) (AVC) 1 $127.00 $22.00 $127.00 $31.00 Table 1 Observe Table 1 above. At the Output equaling 2 what is the Average Fixed Costs? Use the worksheet to solve this problem then fill-in your answer in the space provided below

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