= 400 QQ = 500 QQ = 600 1 140 60 40 80 160 320 2 230 110 40 40 110 230 3 320 160 80 40 60 140

Microeconomics
13th Edition
ISBN:9781337617406
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter8: Production And Costs
Section8.4: Costs Of Production: Total, Average, Marginal
Problem 1ST
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Average Total Cost
(Dollars per bike)
QQ = 100
QQ = 200
QQ = 300
QQ = 400
QQ = 500
QQ = 600
1 140 60 40 80 160 320
2 230 110 40 40 110 230
3 320 160 80 40 60 140
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