| ECN 201 | Week 5 | Assignment | | Oct-14 |
| | | Hints | | | | | | |
| Units of Output | TC | TFC | TVC | ATC | AFC | AVC | MC |
| 0 | 20 | 20 | 0 | - | - | - | 0 |
| 1 | 21 | 20 | 1 | 21 | 20 | 1 | 1 |
| 2 | 24 | 20 | 4 | 12 | 10 | 2 | 3 |
| 3 | 32 | 20 | 12 | | | 4 | 8 |
| 4 | | 20 | | 12 | | | |
| 5 | 75 | 20 | | | | | |
| 6 | | 20 | | | | 16 | |
| 7 | | 20 | | 24 | | | |
| 8 | | 20 | | | | | 86 |
| 9 | | 20 | 360 | | | | |
| Notes: The numbers in red are given in the assignment. | | | | | The numbers in black are calculated using the information |
| | | | | | in your book. |
| Since TVC = 1 for 1 unit of output, TC for 1 unit of output = 21. |
| Since MC = change in TC for a 1 unit change in output, MC for the 1 unit of output = 1. |
| See the calculations on page 156 and 159 in your book. |
| Now, finish the table. |