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Rob's 1010 Notes

✏ Cost Table Fill in the Blanks

We did many examples here:

Cost Table Fill in the Blanks
Microsoft Excel Excel Google Sheets Google Sheets
Download: Cost Table Fill in the Blanks.xlsx

There are multiple tabs. Don’t miss them!!

Same cost table with many cells blanked out for students to fill in as practice Cost table with annotations showing how to derive values: TC/q gives AC, VC/q gives AVC, FC+VC=TC, TC-FC=VC. Sidebar shows Cost Equations: TC=TFC+TVC, AC=AFC+AVC, MC=MFC+MVC=0+MVC=MVC Cost table showing q, MC, AC, AVC, AFC, TC, FC, and VC columns for q=0 to 18, with FC=100 throughout. Note: if a cost does not go away when q=0, then it is fixed. Therefore when q=0, FC=TC and VC=0. Cost table with a chart plotting MC, AC, AVC, and AFC curves. MC rises steeply, AC is U-shaped, AVC rises gradually, and AFC declines toward zero.