Question: Could you please help me with this assignment? Thank you! Answer the questions using the graph below. $ MC ATC $54 AVC $ 40 $
Could you please help me with this assignment? Thank you!


Answer the questions using the graph below. $ MC ATC $54 AVC $ 40 $ 35 300 Quantity5. What is the average variable cost of producing 300 units? 6. What is the average fixed cost of producing 300 units? 7. What is the average total cost of producing 300 units? 8. What is the total variable cost of producing 300 units? 9. What is the total fixed cost of producing 300 units? 10. What is the total cost of producing 300 units? 11. You will need three colors to complete this section as it requires outlining areas on the graph. a. Outline the area that represents total variable cost. Identify the color you use here. b. Outline the area that represents total fixed cost. Identify the color you use here. c. Outline the area that represents total cost. Identify the color you use here. 12. What do we know about the 300th unit if the marginal cost is $54
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