solve problem c please Given the cost information below answ

solve problem c please.

Given the cost information below, answer the following questions. Output Total Cost $10.00 19.76 29.06 37.90 46.31 54.30 0 2 3 4 5 Instructions: Round your answers to 2 decimal places. a. When output is [z(), total variable cost is $ 9.76 b. When output is (z(2)], average fixed cost is $5o c. When output is [z(3)], average variable cost is$ d. When output is [z(4)], average total cost is 11.58 e. When output is [z(5)], marginal cost is 799

Solution

when output is 4 units, AVC=$9.3

output	Total cost	MC	FC	VC	ATC	AVC	AFC
0	10		10	0
1	19.76	9.76	10	9.76	19.76	9.76	10
2	29.06	9.3	10	19.06	14.53	9.53	5
3	37.9	8.84	10	27.9	12.63333	9.3	3.3
4	46.31	8.41	10	36.31	11.5775	9.0775	2.5
5	54.3	7.99	10	44.3	10.86	8.86	2