1. Determine the appropriate dollar amount for the following lettered spaces:

a) Letter space V.

b) Letter space SS.

c) Letter space Z.

d) Letter space LL.

e) Letter space T.

f) What is Total Fixed Cost at 7 units of output?

Total Fixed Cost is equal to $200

(1) (2) (3) (4) (6) Quantity (5) (7). Average Total Average Average of Total Marginal Fixed Variable Variable Total Output, Cost Cost Cost Cost Cost Cost Q (TC) (MC) (AFC) (TVC) (AVC) (ATC) (units) O A $0 V 1 B 30 L W GG QQ 2 C 50 M X HH RR D 60 N Y SS 4 E 65 Z JJ IT F 75 P AA KK UU 6 G 95 Q BB LL 7 H 125 R CC MM ww 8 I- 165 S DD NN XX 215 EE OO YY 10 K 275 U FE PP ZZ