Use the values in the table below to answer the following questions. Q TC ATC MC...

Question

Question

Use the values in the table below to answer the following questions.

2. Cell C represents average total cost= 6 units. what should be the value of cell c?

business economics

Answer 1

Answer #1

Answer - The value of C cell will be 25.25.

Value of cell A = 20 *5 = 100

Value of cell B = 100 + 51.5(mc)

= 151.5

Value of cell C = cell B / 6

= 151.5 / 6

= 25 .35

Answer 2

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