(Answered) Complete the following table assuming that each unit of

Economics

Complete the following table, assuming that each unit of labor cost $75.00 per day

Quantity of labor per day	Output per day	Fixed cost	Variable cost	Total cost	Marginal cost
0		$300
1	5		$75		15
2	11		$150	$450	12.5
3	15			$525
4	18		$300	$600
5	20				37.5

Given the table above:

Graph the fixed cost, variable cost and total cost curves.
What is the average total cost when the output is 18n units per day?

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