uppose that your colleague has accidentally spilled coffee on his laptop and the file containing your firm's cost data has been damaged. Use your nowledge of cost functions to save the day (and your friend\'s job) by determining the missing cost data. utput Marginal Total Total Total Average Average Average Cost Fixed Variable Cost Fixed Variable Total Cost Cost Cost Cost Cost $105 $72 $30 e average total cost of the 3rd unit of output is $ Numeric Response $45 . Please do not input the $ sign. If your answer is $400 please input 400.
uppose that your colleague has accidentally spilled coffee on his laptop and the file containing your firm's cost data has been damaged. Use your nowledge of cost functions to save the day (and your friend\'s job) by determining the missing cost data. utput Marginal Total Total Total Average Average Average Cost Fixed Variable Cost Fixed Variable Total Cost Cost Cost Cost Cost $105 $72 $30 e average total cost of the 3rd unit of output is $ Numeric Response $45 . Please do not input the $ sign. If your answer is $400 please input 400.
Chapter6: Proudction Costs
Section: Chapter Questions
Problem 8SQP
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Question
(J)
Transcribed Image Text:Suppose that your colleague has accidentally spilled coffee on his laptop and the file containing your firm's cost data has been damaged. Use your
knowledge of cost functions to save the day (and your friend\'s job) by determining the missing cost data.
Output Marginal Total Total Total Average Average Average
Cost
Fixed Variable Cost
Cost Cost
Fixed Variable Total
Cost Cost
Cost
10
1
2
----
$105
3
4
$30
The average total cost of the 3rd unit of output is $
$72
Numeric Response
----
$45
Please do not input the $ sign. If your answer is $400 please input 400.
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