(A)Calculate Marginal Costs,total Costs,average Fixed Costs,average Variable Costs and Average

question 88

Essay

(a)Calculate marginal costs,total costs,average fixed costs,average variable costs and average total costs,given the following table.Costs are $100 when there is no production.Round off to the nearest whole number.
$$\begin{array} { | l | l | l | l | l | l | l | } \hline \text { Output } & \begin{array} { l } \text { Variable } \\\text { Cost }\end{array} & \begin{array} { l } \text { Marginal } \\\text { Cost }\end{array} & \begin{array} { l } \text { Total } \\\text { Cost }\end{array} & \begin{array} { l } \text { Average } \\\text { Fixed } \\\text { Cost }\end{array} & \begin{array} { l } \text { Average } \\\text { Variable } \\\text { Cost }\end{array} & \begin{array} { l } \text { Average } \\\text { Total } \\\text { Cost }\end{array} \\\hline 0 & 0 & 0 & & & & \\\hline 1 & 60 & 60 & & & & \\\hline 2 & 90 & 30 & & & & \\\hline 3 & 110 & 20 & & & & \\\hline 4 & 150 & 40 & & & & \\\hline 5 & 230 & 80 & & & & \\\hline 6 & 350 & 120 & & & & \\\hline 7 & 510 & 160 & & & & \\\hline 8 & 710 & 200 & & & & \\\hline\end{array}$$ (b)Between what levels of output is there increasing marginal productivity?
(c)If labor were the only input to this production process,between what levels of output is the marginal product of labor falling?

---

Definitions:

Gender Difference

Variations in characteristics, behaviors, physical development, roles, and psychological attributes traditionally associated with being male or female.

Gender-Consistent Behavior

Actions or behaviors that conform to societal or cultural norms and expectations associated with a person’s gender identity.

Play Independently

The ability of an individual, usually a child, to engage in play activities alone without the continuous interaction or supervision of others.

Provide Assistance

The act of offering help or support to individuals or groups in need.