![TABLE 3 : Labor(L) ; TP* ; AVC ; Average Total Cost (ATC) ; Marginal Cost (MC) ; 0 ; 0 ; na ; na ; na ; 1 ; 100 ; 20.00 ; 60.00 ; 20.00 ; 2 ; 300 ; 13.33 ; 26.67 ; 10.00 ; 3 ; 450 ; 13.33 ; 22.22 ; 1 | Homework.Study.com TABLE 3 : Labor(L) ; TP* ; AVC ; Average Total Cost (ATC) ; Marginal Cost (MC) ; 0 ; 0 ; na ; na ; na ; 1 ; 100 ; 20.00 ; 60.00 ; 20.00 ; 2 ; 300 ; 13.33 ; 26.67 ; 10.00 ; 3 ; 450 ; 13.33 ; 22.22 ; 1 | Homework.Study.com](https://homework.study.com/cimages/multimages/16/capture9203237195867718487.jpg)
TABLE 3 : Labor(L) ; TP* ; AVC ; Average Total Cost (ATC) ; Marginal Cost (MC) ; 0 ; 0 ; na ; na ; na ; 1 ; 100 ; 20.00 ; 60.00 ; 20.00 ; 2 ; 300 ; 13.33 ; 26.67 ; 10.00 ; 3 ; 450 ; 13.33 ; 22.22 ; 1 | Homework.Study.com
![What are the average fixed cost, average variable cost and total cost of a firm? How are they related? What are the average fixed cost, average variable cost and total cost of a firm? How are they related?](https://search-static.byjusweb.com/question-images/byjus/infinitestudent-images/ckeditor_assets/pictures/215793/content_5_1.png)
What are the average fixed cost, average variable cost and total cost of a firm? How are they related?
![How to Calculate Marginal Cost, Average Total Cost, Average Variable Cost, and Average Fixed Cost - YouTube How to Calculate Marginal Cost, Average Total Cost, Average Variable Cost, and Average Fixed Cost - YouTube](https://i.ytimg.com/vi/3-j-rZ6hz74/hqdefault.jpg)
How to Calculate Marginal Cost, Average Total Cost, Average Variable Cost, and Average Fixed Cost - YouTube
![The average total cost (ATC) and average variable cost (AVC) converge as the level of output produced increases because ____. | Homework.Study.com The average total cost (ATC) and average variable cost (AVC) converge as the level of output produced increases because ____. | Homework.Study.com](https://homework.study.com/cimages/multimages/16/qu_2275202950106853421245.png)
The average total cost (ATC) and average variable cost (AVC) converge as the level of output produced increases because ____. | Homework.Study.com
![Suppose Honda's total cost of producing 4 cars is $225,000 and its total cost of producing 5 cars is $250,000. What is the average total cost of producing 5 cars? What is Suppose Honda's total cost of producing 4 cars is $225,000 and its total cost of producing 5 cars is $250,000. What is the average total cost of producing 5 cars? What is](https://homework.study.com/cimages/multimages/16/2qa7945319179849650694.jpg)