ECON102 Homework 5 Spring 2015

Jun 21st, 2015
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Instructions: Print this page. Using the cost equations in your notes, fill in the tables below. There are 32 blanks in the tables, and each blank is worth half a point. You can write your answers – please write neatly. Homework not turned in on this sheet will incur a 50% penalty. This homework is due in class on Wednesday, March 25th. Q TFC TVC TC AFC AVC ATC MC 0 -- -- -- -- 1 4 154 150 4 154 4 2 16 8 12 3 150 42 192 14 64 4 150 238 37.5 22 59.5 5 150 62 72 Q TFC TVC TC AFC AVC ATC MC 2 80 22 102 40 11 51 16 3 54 26.66 44.66 4 188 5 190 270 16 38 54 6 13.33 64.33 116 ECON102 Homework 5 Spring

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