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(Solved): The following table shows a company's total cost of production at various production quantities, Fi ...
The following table shows a company's total cost of production at various production quantities, Fill in the remaining onkf of the table. (Note: If a value is a decimal, round to the nearest integer. While filling the Average Total Cost values, select the best match in the list.)
On the folliowing araph, plot the company's average total cost (ATC) curve using the green points (triangle symbol). Next, phot its average variable) cost (AVC) curve using the purple points (diamond shmbol). Finally, plot its marginal cost (MC) curve using the orange points (square symbol). (Hint: For'ATC and AVC, plot the points on the integer: For example, the average total cost of producing one pair of boots is 5210 , so you should start your average total cost curve by ptsong a oreen point at \( \{1,210) \). For marginal cost, plot the points between the integers. For example, the marginal cost of increasing production from 0 to 1 unit is 560 , so you should start your marginal cost curve by placing an orange square at \( (0.5 \), 60\( ) \). Note: Plot your points in the order in which you would like them connected, line seaments will connect the points automatically.