Table 58.2 Short-Run Average Costs for Jennifer and Jason’s Farm

Quantity of tomatoes Q (bushels) Variable cost VCTotal cost TCShort-run average variable cost of bushel AVC = VC/QShort-run average total cost of bushel ATC = TC/Q
1$16.00$30.00$16.00$30.00
222.0036.0011.0018.00
330.0044.0010.0014.67
442.0056.0010.5014.00
558.0072.0011.6014.40
678.0092.0013.0015.33
7102.00116.0014.5716.57