LASA 1: The Costs of Production
ronyro
lasa.docx|
Column 1 |
Column 2 |
Column 3 |
Column 4 |
Column 5 |
Column 6 |
Column 7 |
Column 8 |
Column 9 |
Column 10 |
Column 11 |
|
Output Level |
Price per unit |
Total Fixed Cost |
Total Variable Cost |
Total Cost |
Average Fixed Cost |
Average Variable Cost |
Average Total Cost |
Marginal Cost |
Marginal Revenue |
Total Revenue |
|
0 |
|
|
$ - |
|
NA |
|
|
|
||
|
1 |
|
|
$ 113.00 |
|
|
|
|
|
|
|
|
2 |
|
|
$ 213.00 |
|
|
|
|
|
|
|
|
3 |
|
|
$ 300.00 |
|
|
|
|
|
|
|
|
4 |
|
|
$ 375.00 |
|
|
|
|
|
|
|
|
5 |
|
|
$ 463.00 |
|
|
|
|
|
|
|
|
6 |
|
|
$ 563.00 |
|
|
|
|
|
|
|
|
7 |
|
|
$ 675.00 |
|
|
|
|
|
|
|
|
8 |
|
|
$ 813.00 |
|
|
|
|
|
|
|
|
9 |
|
|
$ 975.00 |
|
|
|
|
|
|
|
|
10 |
|
|
$ 1,163.00 |
|
|
|
|
|
|
|
1. Table-2: Joseph Farms, Inc., Revenue/Profit/Loss Data
|
Output Level |
Price |
Total Revenue |
Profit or Loss |
|
0 |
|
|
|
|
1 |
|
|
|
|
2 |
|
|
|
|
3 |
|
|
|
|
4 |
|
|
|
|
5 |
|
|
|
|
6 |
|
|
|
|
7 |
|
|
|
|
8 |
|
|
|
|
9 |
|
|
|
|
10 |
|
|
|
