Cost Curves Worksheet

Cost Curves Worksheet
Cost Curves Worksheet
Resource Types
Product Rating
Not yet rated
File Type
PDF (Acrobat) Document File
Be sure that you have an application to open this file type before downloading and/or purchasing.
0.46 MB   |   1 pages

PRODUCT DESCRIPTION

This worksheet is designed to provide students with a chance to practice calculating the different measures of economic costs as well as gain an understanding of the shape of the various cost curves and the relation between them.

Students are required to:

1. Calculate the following measures at different levels of output: Average Total Cost, Marginal Cost, Average Fixed Cost, and Average Variable Cost.

2. Graph each of the four cost curves and investigate the relationship between marginal cost and average total costs.

3. Identify the firm's most efficient point of production (minimum ATC).
Total Pages
1
Answer Key
Included
Teaching Duration
90 Minutes

Average Ratings

N/A
Overall Quality:
N/A
Accuracy:
N/A
Practicality:
N/A
Thoroughness:
N/A
Creativity:
N/A
Clarity:
N/A
Total:
0 ratings
COMMENTS AND RATINGS:
Please log in to post a question.
PRODUCT QUESTIONS AND ANSWERS:
$2.99
Digital Download
ADD ONE TO CART
User Rating: 4.0/4.0
 (40 Followers)
$2.99
Digital Download
ADD ONE TO CART
Cost Curves Worksheet
Cost Curves Worksheet