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ECN201 Costs Table

ECN201 Costs Table.

I need support with this Economics question so I can learn better.

Microeconomics – Week #5 Assignment

Costs Table

Directions: Fill in the table.

Units of Output

Total Costs

Total Fixed Costs

Total Variable Costs

Average Total Costs

Average Fixed Costs

Average Variable Costs

Marginal Costs

0

$1,000

$1,000

$0

1

1,200

2

1,350

3

1,550

4

1,900

5

2,300

6

2,750

7

3,250

8

3,800

9

4,400

ECN201 Costs Table