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(Solved): Douglas Fur is a small manufacturer of fake-fur boots in Denver. The following table shows the com ...



Douglas Fur is a small manufacturer of fake-fur boots in Denver. The following table shows the companys total cost of producOn the following graph, plot Douglas Furs average total cost curve (ATC) using the green points (triangle symbol). Next, plo

Douglas Fur is a small manufacturer of fake-fur boots in Denver. The following table shows the company's total cost of production at variou: production quantities. Fill in the remaining cells of the table. On the following graph, plot Douglas Fur's average total cost curve (ATC) using the green points (triangle symbol). Next, plot its average variable cost curve (AVC) using the purple points (diamond symbol). Finally, plot its marginal cost curve (MC) using the orange points (square symbol). Note: Plot your points in the order in which you would like them connected. Line segments will connect the points automatically.


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1) calculation of MC MC=?TC?Q •Q= 1, MC = (200-120)/(1-0)=80 • Q=2, MC=240?2002?1=40 • Q=3, MC=285?2401=45 • Q= 4, MC=340?2854?3=55 • Q= 5, MC=425?340
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