Question: Please answer to this question 1) Now let's examine short run costs of golf cart production. The cost of 1 labourer is $2000. Total fixed
Please answer to this question

1) Now let's examine short run costs of golf cart production. The cost of 1 labourer is $2000. Total fixed cost is $3000 per month. With the given information complete the table and sketch TVC, AFC AND ATC Curve. (2*7 columns = 14 marks for filling up the box and + (3*2=6 for curves, so total mark =20) , recreate the table in your copy and do it. L Q TFC TVC TC MC AFC AVC ATC 0 0 3000. 0 1 2000 2 4 3 7 4 15 5 19 6 21 7 24 8 28
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