Use the total cost (TC) schedule that is presented in the table below to calculate average total cost, average variable cost, average fixed cost, and marginal cost when output (Q) is equal to 5.
$$\begin{array} { l r r r r r r r r r r }
Q & 0 & 1 & 2 & 3 & 4 & 5 & 6 & 7 & 8 & 9 \
T C & 5 & 7 & 8 & 10 & 14 & 20 & 28 & 38 & 50 & 72
\end{array}$$

Question

Use the total cost (TC) schedule that is presented in the table below to calculate average total cost, average variable cost, average fixed cost, and marginal cost when output (Q) is equal to 5.
 $$\begin{array} { l r r r r r r r r r r } 
Q & 0 & 1 & 2 & 3 & 4 & 5 & 6 & 7 & 8 & 9 \
T C & 5 & 7 & 8 & 10 & 14 & 20 & 28 & 38 & 50 & 72
\end{array}$$

Quizplus · Accepted Answer

The Answer of Use the total cost (TC) schedule that is presented in the table below to calculate average total cost, average variable cost, average fixed cost, and marginal cost when output (Q) is equal to 5.
 $$\begin{array} { l r r r r r r r r r r } 
Q & 0 & 1 & 2 & 3 & 4 & 5 & 6 & 7 & 8 & 9 \
T C & 5 & 7 & 8 & 10 & 14 & 20 & 28 & 38 & 50 & 72
\end{array}$$

Use the Total Cost (TC) Schedule That Is Presented in the Table