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Micro 3.2: Reading the Cost Graph of a Firm

Last updated 10 months ago

6 Nsɛmmisa

1

At Q=8, match the following.

Draggable item		Corresponding Item
TVC		$20
TC		$30
ATC		$50
AVC		$2.50
TFC		$3.75
AFC		$6.25

1

At a quantity output of 600, match the letters to the costs.

Draggable item		Corresponding Item
MC		GEWJ
AVC		EBOW
TVC		GBOJ
ATC		GE
AFC		BE
TFC		GB
TC		HB

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At a quantity of 600, match the values to the costs.

Draggable item		Corresponding Item
TC		$3,000
MC		$22,200
AVC		$25,200
TVC		$5
ATC		$37
AFC		$42
TFC		$50