Latoya runs a print shop that makes posters for large companies. It is a very competitive business. The market price is currently $1 per poster. She has fixed costs of $100. Her variable costs are $1,500 for the first thousand posters, $1,200 for the second thousand, and then $800 for each additional thousand posters.

Instructions: ANSWER #3 ONLY

1. What is her AFC per poster (not per thousand!) if she prints 1,000 posters?

   $ 0.10

   What if she prints 2,000 posters?

   $ 0.05

   What if she prints 10,000 posters?

   $ 0.01

2. What is her ATC per poster if she prints 1,000?

   $ 1.60

   What if she prints 2,000?

   $ 1.40

3. What if she prints 10,000?

   $ 

Answer rating: 100% (QA)

Latoyas AFC per poster If she prints 1000 posters her AFC per poster is 100 1000 posters 01... View the full answer