Complete the following table describing the short-run daily costs of the Jeans Company.

Complete the following table describing the short-run daily costs of the Jeans Company.

Labour

Output

Total

Variable

Cost

Total

Cost

Average Fixed

Cost

Average Variable Cost

Average

Total

Cost

Marginal

Cost

Marginal Product of Labour

0

0

0

1

10

15

50

2

50

30

3

110

50

4

160

60

5

200

65

6

230

70

7

255

100