(Answered) QuantityQFixed CostFCVariable CostVCTotal CostTC = FC +VCMarginal CostMC= ∆TC∆Q0 $1080 1 12 2 48 3…

Quantity Q    Fixed Cost FC    Variable Cost VC    Total Cost TC = FC + VC    Marginal Cost MC = ∆TC/∆Q
Quantity (Q)
Fixed Cost (FC)
Variable Cost (VC)
Total Cost (TC = FC + VC)
Marginal Cost (MC = ∆TC/∆Q)
0
$1080
1
$1080
12
2
$1080
48
3
$1080
108
4
$1080
192
5
$1080
300
6
$1080
432
7
$1080
588
8
$1080
768
9
$1080
972
10
$1080
1200