Quantity Total Cost Total Fixed Cost Total Variable Cost Average Fixed Cost Average Total Cost Average...

Quantity	Total Cost	Total Fixed Cost	Total Variable Cost	Average Fixed Cost	Average Total Cost	Average Variable Cost	Marginal Cost
0	30
1	75
2	150
3	255
4	380
5	525
6	680
7	840
8	1010
9	1200

Given the quantity and total cost, calculate for total fixed cost, total variable cost, average fixed cost, average total cost, average variable cost, and marginal cost.

Excel formulas would be nice but not required.

Expert Solution

Total Fixed Cost = 30

Total Variable Cost = Total Cost - Total Fixed Cost

Average Fixed Cost = Total Fixed Cost/Quantity

Average Total Cost = Total Cost /Quantity

Average Variable Cost = Total Variable Cost/Quantity

Marginal Cost = Change in Total Cost/Change in Quantity

Quantity	Total Cost	Total Fixed Cost	Total Variable Cost	Average Fixed Cost	Average Total Cost	Average Variable Cost	Marginal Cost
0	30	30	0
1	75	30	45	30.00	75.00	45.00	45
2	150	30	120	15.00	75.00	60.00	75
3	255	30	225	10.00	85.00	75.00	105
4	380	30	350	7.50	95.00	87.50	125
5	525	30	495	6.00	105.00	99.00	145
6	680	30	650	5.00	113.33	108.33	155
7	840	30	810	4.29	120.00	115.71	160
8	1010	30	980	3.75	126.25	122.50	170
9	1200	30	1170	3.33	133.33	130.00	190

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