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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 Preview

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

    Solution Summary

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