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Calculate average total cost, what the most efficient (minimum ATC)

Question : Calculate average total cost, what the most efficient (minimum ATC)

Calculate average total cost, what is the most efficient (minimum ATC) output quantity given the costs below? What should be the cost to produce 900 units?

$0

150

$1,000

300

$500,000

Output

Avg. Variable Cost

Step Cost

Total Fixed Cost

Average Total Cost

0

$0

$50,000

$500,000

-

150

$1,000

$100,000

$500,000

-

300

$950

$100,000

$500,000

-

450

$1,000

$100,000

$500,000

-

600

$1,200

$200,000

$500,000

-

750

$1,500

$200,000

$500,000

-

900

$1,800

$300,000

$500,00

-

 

Solution
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Finance 1 Year Ago 69 Views
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