question archive Create the total cost curves and the marginal and average cost curves in the spreadsheet
Create the total cost curves and the marginal and average cost curves in the spreadsheet
Subject:EconomicsPrice: Bought3
Create the total cost curves and the marginal and average cost curves in the spreadsheet. On the average and marginal cost curves, identify and explain the point where profits are maximized as well as the breakeven points for Lightning Volt Automotive.
| Price | Output | TR | MR | TC | TFC | TVC | AFC | AVC | ATC | MC | Profits Losses |
| 0 | 10 | 100 | |||||||||
| 5 | 15 | 150 | |||||||||
| 10 | 20 | 300 | |||||||||
| 15 | 25 | 600 | |||||||||
| 20 | 35 | 650 | |||||||||
| 25 | 40 | 1000 | |||||||||
| 30 | 50 | 1250 | |||||||||
| 35 | 60 | 1500 | |||||||||
| 40 | 70 | 2050 | |||||||||
| 45 | 80 | 2400 | |||||||||
