To the right is an example of a table of short run costs for some firm which pays $25 per hour for workers (Labor or L a variable cost) and has fixed costs that work out to $100 per hour.
From the information given, you should be able to complete the
table. When you've finished you may check your answers on the following page.
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| L | Q | TVC | TC | AVC | AFC | ATC | MC |
| 1 | 10 | - | - | - | - | - | - |
| 2 | 25 | - | - | - | - | - | - |
| 3 | 38 | - | - | - | - | - | - |
| 4 | 49 | - | - | - | - | - | - |
| 5 | 59 | - | - | - | - | - | - |
| 6 | 68 | - | - | - | - | - | - |
| 7 | 75 | - | - | - | - | - | - |
| 8 | 81 | - | - | - | - | - | - |
| 9 | 86 | - | - | - | - | - | - |
| 10 | 90 | - | - | - | - | - | - |
| 11 | 93 | - | - | - | - | - | - |
| 12 | 95 | - | - | - | - | - | - |