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Question 15 is worth 30 points. The Fairbanks Jet Boat Manufactures cost data has been partially entered in the table below.
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Answer #1
Q TC VC FC ATC AVC AFC
0 10 0 10
1 15 5 10 15 5 10
2 20 10 10 10 5 5
3 60 50 10 20 16.67 3.33
4 80 70 10 20 17.5 2.5
5 160 150 10 32 30 2

FC=10

TC=FC+VC

ATC=TCQ

AVC=VC/Q

AFC=FC/Q

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