The table below shows the cost information (per day) for a winery when they rent three different amounts of land to grow grapes: one field, two fields, or three fields. In the long run, if the firm is producing 4 units, what would be their daily average total cost? Q "TC(1 field)" "ATC(1 field)" "TC(2 fields)" "ATC(2 fields)" "TC(3 fields)" "ATC(3 fields)"
0 120 240 360 1 132 132 246 246 363 363
2 152 76 256 128 368 184
3 180 60 270 90 375 125
4 216 54 288 72 384 96
5 260 52 310 62 395 79
6 312 52 336 56 408 68
7 372 53.1 366 52.3 423 60.4
8 440 55 400 50 440 55
9 516 57.3 438 48.7 459 51
10 600 60 480 48 480 48
11 692 62.9 526 47.8 503 45.7
12 792 66 576 48 528 44
13 900 69.2 630 48.5 555 42.7
14 1016 72.6 688 49.1 584 41.7
15 1140 76 750 50 615 41
16 1272 79.5 816 51 648 40.5
17 1412 83.1 886 52.1 683 40.2
18 1560 86.7 960 53.3 720 40
19 1716 90.3 1038 54.6 759 39.9
20 1880 94 1120 56 800 40