Business, 27.06.2019 21:40 sydneip2394
The accompanying table shows mcdonald's total cost for producing big macs per hour. quantity of big macs produced per hour 0 10 20 30 40 50 60 70 80 90 100 total cost $100 130 150 165 187 200 220 260 320 400 a) what is mcdonald's fixed cost? b) for each level of output, calculate the variable cost (vc). for each level of output except zero output, calculate the average variable cost (avc), average total cost (atc), and average fixed cost (afc). what is the minimum-cost output? c) for each level of output, calculate mcdonald's marginal cost (mc). d) on one diagram, draw mcdonald's avc, atc, and mc curves. (you only need to indicate the important points). e) what is mcdonald's break-even price? explain. f) what is mcdonald's shut-down price? explain.
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The accompanying table shows mcdonald's total cost for producing big macs per hour. quantity of big...
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