2. The following table depicted a computer manufacturer's total cost of producingcomputer:QuantityPrice500,0001540,0002560,0003570,000590,000620,0006660,0007720,0008800,000920,000101,100,000d)On one diagram, draw the manufacturer's AVC, ATC, and MC curves.

Quantity Price (TC) FC VC AVC ATC MC 0 500000 500000 0 0 0 0 1 540000 500000 40000 40000 540000…

2. The following table depicted a computer manufacturer's total cost of producing computer: Quantity Price 500,000 1 540,000 2 560,000 570,000 4 590,000 620,000 6. 660,000 7 720,000 8. 800,000 920,000 10 1,100,000 d)On one diagram, draw the manufacturer's AVC, ATC, and MC curves.

2. The following table depicted a computer manufacturer's total cost of producing computer: Quantity Price 500,000 1 540,000 2 560,000 570,000 4 590,000 620,000 6. 660,000 7 720,000 8. 800,000 920,000 10 1,100,000 d)On one diagram, draw the manufacturer's AVC, ATC, and MC curves.

Microeconomics

13th Edition

ISBN:9781337617406

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter8: Production And Costs

Section8.4: Costs Of Production: Total, Average, Marginal

Problem 1ST

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Question

2. The following table depicted a computer manufacturer's total cost of producing
computer:
Quantity
Price
500,000
1
540,000
2
560,000
3
570,000
590,000
620,000
6
660,000
7
720,000
8
800,000
920,000
10
1,100,000
d)On one diagram, draw the manufacturer's AVC, ATC, and MC curves.

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