Question: explains step by step and how to graph. please. od 5 Ski Boards, Inc. wants to enter the market quickly with a new finish on
explains step by step and how to graph. please.
od 5 Ski Boards, Inc. wants to enter the market quickly with a new finish on ita skl boards. It has three choices: (a) refurbish the old equipment at a cost of $500, (b) make major modifications at the cost of $1.000, or (c) purchase new equipment at a not cost of $1,750 If the firm chooses to refurbish the equipment materials and labor will be $1.25 per board, if it choosen to make modifications, materials and labor will be $0.80 per board. If it buys new equipment, variable costs are estimated to be $0.40 per board, a) On the graph to the right, use the line drawing tool to draw the total cost curve for each option. Label the curves TC, TCp, and TC, respectively Note: Carefully follow the instructions above and only draw the required objects. 8.000 7.500 7,000 6.500 0.000 5.500 5.000 4.500 4,000 3.500 3.000 2.500 2.000 1.8004 1,000 500 0 1.000 5000 4000 2.000 3.000 Boards
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