Question: EC1110 hand-in Assignment #2 Due Date: Monday, December 4, 2023 at 9:00 am * * * Assignment Value: 10% of Course Grade INSTRUCTIONS: Complete the

EC1110 hand-in Assignment #2 Due Date: Monday, December 4, 2023 at 9:00 am * * * Assignment Value: 10% of Course Grade INSTRUCTIONS: Complete the following assigned questions. Submit this assignment on or before the deadline Monday, December 4, 923, at 9:00 am. . Complete your assignment in a MSWord. Complete the graphs by hand using the attached graph paper. Answers using tables should be completed on the following assignment sheets for applicable problems. ASSIGNMENT PROBLEMS/QUESTIONS: TOTAL SCORE / 91 = /7.5 Problem 6-53U Overall: ( / 18) Suppose the following are the cost data of a furniture manufacturer named Don's Legacy. a. Complete the given table below assuming that labour and materials cost $10 an hour. Instructions: Round your "Average hours per table", "AVC" and "ATC" answers to 1 decimal place. Use the lined paper below to answer the rest of the parts to this problem. b. What is the most productive output? /2 c. What are AVC and ATC at this quantity? /2 d. What is economic capacity? /2

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