Question: please write step by step Question 4 Study the scenario and complete the question(s) that followis): A Home-based Business Ellen recently started her own business.

please write step by step

Question 4 Study the scenario and complete the question(s) that followis): A Home-based Business Ellen recently started her own business. She supplies homemade honey crunch biscuits to the local community. She needs to calculate the profitability of her new business venture. Her monthly lixed cost is estimated at R200 and she sells her biscuits for R30 per bag. Source: Buster. N. 2015 4.1 Complete the table below in order to help Ellen with her cost and profit estimation. (11 Marks) QTY Fixed Variable Total Average Average Marginal Total ProfiULoss Cost cost COSt Variable Total Cost Revenue Cost Cost 4.2 Using the tableklata created in 4.1, illustrate AVC. ATC and MC in a graph on one set of axis. Explain the shape of these curves and their relationship to one another

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