Question: 8 Calculate average total cost, average fixed cost, average variable cost and marginal cost at each output and draw the short-run average and marginal cost

8 Calculate average total cost, average fixed cost, average variable cost and marginal cost at each output and draw the short-run average and marginal cost curves. Sue’s Snowboards in Problem 2 employs workers at €500 a week and its total fixed cost is €1,000 a week.

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