ECON 528 HOMEWORK 2
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Quantity of La 
 
Fixed Cost 
 
Variable Cost 
 
Total Cost 
 
Average Total Cost 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Quantity of Lanterns 
 
Fixed Cost (dollars) 
 
Variable Cost 
(dollars) 
 
Total Cost 
(dollars) 
 
Average Total Cost (dollars) 
 
75	200	170	370	4.93 
 
80	200	230	430	5.36 
90	200			7.67 
100	200	810		 
115	200			11.8 
117	200	1264	1464	12.5 
120	200	1480		 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Quantity of La 
 
Fixed Cost 
 
Variable Cost 
 ...
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ECON 528 HOMEWORK 2•ECON 528 HOMEWORK 2