Moving to another question will Question 11 Refer to Table

? Moving to another question will Question 11 Refer to Table 1 in the image file. If market price is $30, in the shot run the $5 $25. O $35. undetermined due to shutdown. Moving to another question will save this response. Table 1 Output TVC TC AFC AVC ATC MC 40 75 90 110 135 170 220 290 4 PIC COLLAGE PE

Solution

Option 2

Output

TVC

TC

AFC

AVC

ATC

MC

Profit/loss

0

0

40

-40

1

55

95

40.00

55.00

95.00

55.00

-65

2

75

115

20.00

37.50

57.50

20.00

-55

3

90

130

13.33

30.00

43.33

15.00

-40

4

110

150

10.00

27.50

37.50

20.00

-30

5

135

175

8.00

27.00

35.00

25.00

-25

6

170

210

6.67

28.33

35.00

35.00

-30

7

220

260

5.71

31.43

37.14

50.00

-50

8

290

330

5.00

36.25

41.25

70.00

-90

Output	TVC	TC	AFC	AVC	ATC	MC	Profit/loss
0	0	40					-40
1	55	95	40.00	55.00	95.00	55.00	-65
2	75	115	20.00	37.50	57.50	20.00	-55
3	90	130	13.33	30.00	43.33	15.00	-40
4	110	150	10.00	27.50	37.50	20.00	-30
5	135	175	8.00	27.00	35.00	25.00	-25
6	170	210	6.67	28.33	35.00	35.00	-30
7	220	260	5.71	31.43	37.14	50.00	-50
8	290	330	5.00	36.25	41.25	70.00	-90