Quantity of tomatoes Q (bushels) | Variable cost VC | Total cost TC | Short-run average variable cost of bushel AVC = VC/Q | Short-run average total cost of bushel ATC = TC/Q |
---|---|---|---|---|
1 | $16.00 | $30.00 | $16.00 | $30.00 |
2 | 22.00 | 36.00 | 11.00 | 18.00 |
3 | 30.00 | 44.00 | 10.00 | 14.67 |
4 | 42.00 | 56.00 | 10.50 | 14.00 |
5 | 58.00 | 72.00 | 11.60 | 14.40 |
6 | 78.00 | 92.00 | 13.00 | 15.33 |
7 | 102.00 | 116.00 | 14.57 | 16.57 |