A bakery that produces 100 loaves of bread has a variable cost of ...

[misspop]

A bakery that produces 100 loaves of bread has a variable cost of 50 and a fixed cost of 200. Calculate the total cost, average total cost, average variable cost, and average fixed cost of the bakery.
 
  What will be an ideal response?

Question 2

Is it possible for an input to have a negative marginal product?
 
  What will be an ideal response?

[jrpg123456]

Answer to Question 1

The total cost that the bakery incurs = 50 + 200 = 250.
The average total cost of the bakery = 250/100 = 2.50.
The average variable cost of the bakery = 50/100 = 0.50.
The average fixed cost of the bakery = 200/100 = 2.

Answer to Question 2

Yes, sometimes if a variable input is continued to be acquired even after the stage of diminishing returns, it can actually lead to a fall in total output. Hence, it is possible for an input to have a negative marginal product.