Calculate average total cost, what is the most efficient (minimum ATC) output quantity given the costs below? What should be the cost to produce 900 units?

Average Total Average

Variable Step Fixed Total

Output Cost Cost Cost Cost

0 $ 0 $50,000 $500,000 _________

150 1,000 100,000 500,000 _________

300 950 100,000 500,000 _________

450 1,000 100,000 500,000 _________

600 1,200 200,000 500,000 _________

750 1,500 200,000 500,000 _________

900 1,800 300,000 500,000 _________