Table : Table 25.3: Short-Run Average Costs for Jennifer and Jason’s Farm
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
7102.00116.00  14.57  16.57