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Fixed and Variable Cost Analysis

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A. Fill in the blanks in the following table.
b. Draw a graph that shows marginal cost, average variable cost, and average total cost, with cost on the vertical axis and quantity on the horizontal axis.

units of
out put- fc- var cost- total cost- marginal cost- avg fixed cost - avc- avg total cost
0 100
1 125
2 145
3 157
4 177
5 202
6 236
7 270
8 326
9 398
10 490

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Solution Summary

The solution explains in detail (with graph) the way to calculate different types of costs.

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Please find my response attached in the excel document. I have used excel so that it ...

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