Complete the following table: Output(units) Total Variable Cost Average Variable Cost Marginal Cost 1 10 - - - - 8 6 3 27 - - - - 10 13

Output (units) TVC AVC Mc 1 10 10 [ TVC Q ] 10 [ ] 2 [ TVC AVC ] 16 [10 + 6] 8 6 3 27 9 [ TVC Q ] 11 [ ] 4 [ TVC AVC ] 40 [27 + 13] 10 13

Complete the following table: Output(units) Total Variable Cost A…

Question

Complete the following table:

✓

Output (units)	TVC	AVC	Mc
1	10	$10\big[\frac{\text{TVC}}{\text{Q}}\big]$	$10\big[\frac{\Delta\text{TVC}}{\Delta\text{Q}}\big]$
$2\big[\frac{\text{TVC}}{\text{AVC}}\big]$	16 [10 + 6]	8	6
3	27	$9\big[\frac{\text{TVC}}{\text{Q}}\big]$	$11\big[\frac{\Delta\text{TVC}}{\Delta\text{Q}}\big]$
$4\big[\frac{\text{TVC}}{\text{AVC}}\big]$	40 [27 + 13]	10	13

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