Question: Please help with graph and multiple choice The graph shows the short-run total cost curves of Poppy Lipstick, a producer of lipsticks. Cost (dollars per

Please help with graph and multiple choice

Please help with graph and multiple choice The graph shows the short-run

The graph shows the short-run total cost curves of Poppy Lipstick, a producer of lipsticks. Cost (dollars per day) Draw a point on the firm's: 1800- 1) total fixed cost curve. Label it TFC. 2) total variable cost curve. Label it TVC. 1600- 3) total cost curve. Label it TC. 1400- 2 Choose the statement that is correct. 1200- O A. TC = TFC - TVC 1000 O B. The vertical distance between curve 1 and curve 2 is total fixed cost. 800- O C. The quantities of fixed factors change as output changes, but their total cost per unit produced 600- does not change. O D. Total variable cost includes normal profit. 400- 3 200- 25 50 75 100 125 150 Quantity (lipsticks per day) >>> Draw only the objects specified in the question. Click the graph, choose a tool in the palette and follow the instructions to create your graph

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