Output

Variable Cost

0

$  0

1

$ 5

2

$ 9

3

$12

4

$16

5

$22

6

$30

7

$40

8

$52

9

$67

10

$90

 


Given the above variable cost data and assuming fixed costs equal the value of 96, create a file using Excel that lists Output, Fixed Cost, Variable Cost, Total Cost, Average Fixed Cost, Average Variable Cost, Average Total Cost, and Marginal Cost.  The Excel table should be constructed using formulas wherever calculations are required.  Using Excel, plot curves of FC, VC, and TC in Graph A and AFC, AVC, ATC, and MC in Graph B.

    • 9 years ago
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    • attachment
      solution.xlsx