whats the points for 1) 2) 3) z 12+6q- 42*+ q3MC= dg= 6- fZ+ 3q2C =3.AFCE B-TEC= 13AVC o TUL = 69-49*7q1AUC =%3DAcz12+6-49+2AFCAC15AVC123.43.15.72キAC.AFUAVO2.2. Text Question 2.4cMarginal cost is:20.00,19.00-MC = 5- 8q +3q?18.00-17.00-16.00-15.00-14.00-A 13.00-12.00-11.00-10.00-9.00-8.00-Average fixed cost is:6.AFC%3DAverage variable cost:AVC = 5-4q + q²7.00-6.00-5.00-Average cost is:4.00-3.00-2.00-1.00-0.00+6AC =+5 - 4q + q?2341.) Use the 3-point curved line drawing tool to draw the average fixed cost curve for quantities q = 1, q = 2, and q = 3. Label thisline 'AFC'.Quantity, q, Units per dayIf you are viewing this on a test or quiz, you must click the graph to enable the drawing2.) Use the 3-point curved line drawing tool to draw the average variable cost curve for quantities q = 1, q = 2, and q= 3. Labelthis line 'AVC'.3.) Use the 3-point curved line drawing tool to draw the average cost curve for quantities q = 1, q = 2, and q= 3. Label this line'AC'.Carefully follow the instructions above, and only draw the required objects.Cost per unit, $

Marginal cost is defined as the cost of producing an additional unit of output. Marginal cost is…

Marginal cost is: 20.00- 19.00- MC = 5-8q + 3q? 18.00- 17.00- 16.00- 15.00- 14.00- n 13.00- 12.00- E 11.00- E 10.00- 9.00- 8 8.00- 7.00- 6.00- 5.00- 4.00- 3.00- 2.00- 1.00- 0.00- Average fixed cost is: AFC = Average variable cost: AVC = 5-4q + q² Average cost is: AC = +5-4g +q° 1.) Use the 3-point curved line drawing tool to draw the average fixed cost curve for quantities q = 1, q= 2, and q = 3. Label this ine 'AFC'. Quantity, q. Units per day If you are viewing this on a test or quiz, you must click the graph to enable the drav 2.) Use the 3-point curved line drawing tool to draw the average variable cost curve for quantities q = 1, q = 2, and q = 3. Label this line 'AVC. 3.) Use the 3-point curved line drawing tool to draw the average cost curve for quantities q = 1, q = 2, and q = 3. Label this line AC'.

Marginal cost is: 20.00- 19.00- MC = 5-8q + 3q? 18.00- 17.00- 16.00- 15.00- 14.00- n 13.00- 12.00- E 11.00- E 10.00- 9.00- 8 8.00- 7.00- 6.00- 5.00- 4.00- 3.00- 2.00- 1.00- 0.00- Average fixed cost is: AFC = Average variable cost: AVC = 5-4q + q² Average cost is: AC = +5-4g +q° 1.) Use the 3-point curved line drawing tool to draw the average fixed cost curve for quantities q = 1, q= 2, and q = 3. Label this ine 'AFC'. Quantity, q. Units per day If you are viewing this on a test or quiz, you must click the graph to enable the drav 2.) Use the 3-point curved line drawing tool to draw the average variable cost curve for quantities q = 1, q = 2, and q = 3. Label this line 'AVC. 3.) Use the 3-point curved line drawing tool to draw the average cost curve for quantities q = 1, q = 2, and q = 3. Label this line AC'.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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