Everything in this question must be HAND drawn/generated. Nothing in this assignment may be computer generated....
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Everything in this question must be HAND drawn/generated. Nothing in this assignment may be computer generated. It must be neat and accurate. Use a ruler to create the tables and axes. Scan or take a picture of your answer and then upload in one single document. Make sure your image is large enough and clear enough for me to easily read it. 1. Create and complete the table that I've provided below. Keep the headings and format exactly like I have it here. Remember, this must all be done by hand, no computer generated tables, graphs, words, etc will be accepted. You do not have to include dollar signs, but please do be aware that we are dealing with dollars. When necessary round to two decimal places, for example 8.666-8.67. Total Product (TP) 10 1 2 3 4 5 6 7 8 9 10 Total Fixed Cost Total Variable (TFC) Cost (TVC) $60 SO $45 $85 $120 $150 $185 $225 $270 $325 $390 $465 Total Cost (TC) Average Fixed Cost (AFC) Average Variable Average Total Cost (AVC) Cost (ATC) Marginal Cost (MC) 2. Create a graph showing Total Variable Cost (label it TVC), Total Fixed Cost (label it TFC), and Total Cost (label it TC). You will need to plot each point individually and then connect the dots with a line or curve as appropriate. Your horizontal axis will be "Quantity" (label it Q) and will contain values 1. 2.3,4,5,6,7,8,9, and 10. Your vertical axis will be labeled "Costs in Dollars and will contain values $50-$550 in increments of $50. Draw each line/curve in a different color. Be sure the graph is neat and drawn to scale 3. Create a graph showing Average Fixed Cost (AFC) Average Variable Cost (AVC), Average Total Cost (ATC), and Marginal Cost (MC). You will need to plot each point individually and then connect the dots with a line or curve as appropriate. Your horizontal axis will be "Quantity (label it Q) and will contain values 1, 2, 3, 4, 5, 6, 7, 8, 9, and 10. Your vertical axis will be labeled "Costs in Dollars and will contain values $10-$100 in increments of $10. Draw each line/curve in a different color. Be sure the graph is neat and drawn to scale. Everything in this question must be HAND drawn/generated. Nothing in this assignment may be computer generated. It must be neat and accurate. Use a ruler to create the tables and axes. Scan or take a picture of your answer and then upload in one single document. Make sure your image is large enough and clear enough for me to easily read it. 1. Create and complete the table that I've provided below. Keep the headings and format exactly like I have it here. Remember, this must all be done by hand, no computer generated tables, graphs, words, etc will be accepted. You do not have to include dollar signs, but please do be aware that we are dealing with dollars. When necessary round to two decimal places, for example 8.666-8.67. Total Product (TP) 10 1 2 3 4 5 6 7 8 9 10 Total Fixed Cost Total Variable (TFC) Cost (TVC) $60 SO $45 $85 $120 $150 $185 $225 $270 $325 $390 $465 Total Cost (TC) Average Fixed Cost (AFC) Average Variable Average Total Cost (AVC) Cost (ATC) Marginal Cost (MC) 2. Create a graph showing Total Variable Cost (label it TVC), Total Fixed Cost (label it TFC), and Total Cost (label it TC). You will need to plot each point individually and then connect the dots with a line or curve as appropriate. Your horizontal axis will be "Quantity" (label it Q) and will contain values 1. 2.3,4,5,6,7,8,9, and 10. Your vertical axis will be labeled "Costs in Dollars and will contain values $50-$550 in increments of $50. Draw each line/curve in a different color. Be sure the graph is neat and drawn to scale 3. Create a graph showing Average Fixed Cost (AFC) Average Variable Cost (AVC), Average Total Cost (ATC), and Marginal Cost (MC). You will need to plot each point individually and then connect the dots with a line or curve as appropriate. Your horizontal axis will be "Quantity (label it Q) and will contain values 1, 2, 3, 4, 5, 6, 7, 8, 9, and 10. Your vertical axis will be labeled "Costs in Dollars and will contain values $10-$100 in increments of $10. Draw each line/curve in a different color. Be sure the graph is neat and drawn to scale.
Expert Answer:
Answer rating: 100% (QA)
TP TFC TVC TC TVC AFC 8 AVC 8 ATC 8 ad 8 TFC TVC TFCQ TVCQ AFCFAVIC 0 60H060 45 6045105 ... View the full answer
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
Posted Date:
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