Question: Please complete the chart. = = = Problem S7.2: Given your understanding from above, please complete this table and then graph the values on the

Please complete the chart. = = = Problem S7.2: Please complete the chart.

= = = Problem S7.2: Given your understanding from above, please complete this table and then graph the values on the next page. Doing so will provide a nice review of the concepts above. Problem Units Sold Fixed Costs Variable Costs Total Costs Total Revenue Profit 7.2 = #U (X) =F$ = V$ =TC =REVT =Pro$ (Y) #u F$ V$ = (V$)(#U) TC = REVT = (U#)(P$) Pro$ = REVT-TC (F$)+(V$) Choice A 1,000 5,000 $1,500 $6,500 $3,000 -$3,500 Choice A 5,000 5,000 Choice A 10,000 5,000 Choice A 15,000 5,000 Choice B 1,000 8,000 $1,000 $9,000 $3,000 -$6,000 (V$ 1.00) Choice B 5,000 8,000 (V$ 1.00) Choice B. 10,000 8,000 (V$ 1.00) Choice B (V$ 1.00) 15,000 8,000

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