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Question 1

The table below shows data for Oranges for an individual firm.

Quantity of OrangesFixed Costs (FC)Variable Costs (VC)Total Costs (TC)
0??10
110130140
210280290
3??460
410?650
510850860
610?1090
7?13301340
81016001610

Given this data, what are fixed costs when quantity is `0`?

 

Given this data, what are variable costs when quantity is `0`?

 

Given this data, what are variable costs when quantity is `3`?

 

Given this data, what are variable costs when quantity is `4`?

 

Given this data, what are variable costs when quantity is `6`?

 

Given this data, what are fixed costs when quantity is `3`?

 

Given this data, what are fixed costs when quantity is `7`?

 






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