Table :

TABLE 12-3 Short-Run Average Costs for Noelle’s Farm

Quantity of trees Q	Variable cost VC	Total cost TC	Short-run average variable cost of tree AVC = VC/Q	Short-run average total cost of tree ATC = TC/Q
10	$160.00	$300.00	$16.00	$30.00
20	220.00	360.00	11.00	18.00
30	300.00	440.00	10.00	14.67
40	420.00	560.00	10.50	14.00
50	580.00	720.00	11.60	14.40
60	780.00	920.00	13.00	15.33
70	1,020.00	1,160.00	14.57	16.57