Microeconomics

Quiz 3

Lecturer: Madiha Hussaini

Student’s name:_USMAN KHAN_____

Roll number:_(02-101202-019)___

Fill the table by finding the missing values. Fill the values using
blue font color.
Labor Output Marginal Fixed Variable Total Marginal Average Average Average
(TP) product cost cost cost cost fixed cost variable total cost
cost
1 10 12 100 25 125 2.08 10 2.5 12.5
2 22 13 100 50 150 1.92 4.545 2.27 6.8
3 35 13 100 75 175 2.27 2.857 2.14 5
4 46 11 100 100 200 2.27 2.173 2.17 4.34
5 55 9 100 125 225 2.27 1.818 2.27 4.09