Question: Help Question 17, Text Problem 22-6 HW Score: 75%, 15 of 20 points O Points: 0 of 1 Save The cost structure of a manufacturer

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Help Question 17, Text Problem 22-6 HW Score: 75%, 15 of 20

Question 17, Text Problem 22-6 HW Score: 75%, 15 of 20 points O Points: 0 of 1 Save The cost structure of a manufacturer of microchips is described in the table shown below. The firm's fixed costs equal $25,000 per day. Calculate the average variable cost, average fixed cost, and average total cost at each output level. (Your answers should be rounded to the nearest cent.) Output Total Cost of Average Average Average (microchips per day) Output Variable Cost ($) Fixed Cost ($) Total Cost ($) 0 $25,000 20,000 75,000 45,000 110,000 70,000 165,000 95,000 235,000 120,000 340,000 145,000 480,000

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