.. 8.16 The fixed and variable costs for three potential manu- facturing plant sites for a rattan chair weaver are shown: SITE 1 2 3 FIXED COST PER YEAR $500 1,000 1,700 VARIABLE COST PER UNIT $11 7 4 a) Over what range of production is each location optimal? b) For a production of 200 units, which site is best? P
.. 8.16 The fixed and variable costs for three potential manu- facturing plant sites for a rattan chair weaver are shown: SITE 1 2 3 FIXED COST PER YEAR $500 1,000 1,700 VARIABLE COST PER UNIT $11 7 4 a) Over what range of production is each location optimal? b) For a production of 200 units, which site is best? P
Chapter1: Making Economics Decisions
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![8.16 The fixed and variable costs for three potential manu-
facturing plant sites for a rattan chair weaver are shown:
SITE
1
2
3
FIXED COST PER YEAR
$ 500
1,000
1,700
VARIABLE COST PER UNIT
$11
7
4
a) Over what range of production is each location optimal?
b) For a production of 200 units, which site is best? Px](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc62b2bcd-1548-4793-b60f-ef1e16cc4b95%2Fd78aa3cd-1d6d-4365-b011-7bd48712df23%2Fzl6k2mr_processed.jpeg&w=3840&q=75)
Transcribed Image Text:8.16 The fixed and variable costs for three potential manu-
facturing plant sites for a rattan chair weaver are shown:
SITE
1
2
3
FIXED COST PER YEAR
$ 500
1,000
1,700
VARIABLE COST PER UNIT
$11
7
4
a) Over what range of production is each location optimal?
b) For a production of 200 units, which site is best? Px
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