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AVC AFC Output

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This problem is concerning the following outputs: AVC/ATC/AFC/TVC Outputs at various units: for example 6000 units

(See attached file for full problem description)
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What are the following values:
a. AVC at 6,000 units of output?
b. ATC at 6,000 units of output?
c. AFC at 6,000 units of output?
d. TVC at 6,000units of output?
e. TFC at all levels of output?
f. TC at 10,000 units of output?

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Solution Summary

AVC AFC Outputs are exemplified.

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What are the following values:
a. AVC at 6,000 units of output?
Please note that the average variable cost can be found from the graph itself. The point where the quantity of 6,000 cuts the average variable cost curve is $4 and so that is the average variable cost.
b. ATC at 6,000 units of output?
Please note that the average total cost can ...

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