The diagram below displays short-run cost curves for a facility that produces liquid crystal display (LCD) screens for cell-phones:

a. What are the daily total fixed costs of producing LCD screens?
b. What are the total variable costs of producing 100 LCD screens per day?
c. What are the total costs of producing 100 LCD screens per day?
d. What is the marginal cost of producing 100 LCD screens instead of 99?

Transcribed Image Text:

10.101 10.070 AVC 10.000 AFC 0 99 100