Q 4: Answer the questions below using the following Table 1:MC ($)7,2596,5485,8385,1254,4173,706MC ($)6,5416,8217,1027,3837,6647,945AC ($)Total cost ($)105,311,250202,070,000StudentsUndergraduate13,75027,50041,25055,00068,75082,500Students7,6597,3487,0386,7276,4176,106369,985,000441,168,750503,745,000Total cost ($)33,385,00051,697,000AC ($)12,1409,3998,6728,3658,2498,228Graduate2,7505,5008,25011,00013,75016,50092,015,000113,423,750135,762,000What are the main differences between the universities' cost structures for undergraduate andgraduates?Can you explain the differences that you have identified in 4 (a)?(a)(b)(c)The new Vice Chancellor has asked you for advice on whether she should consolidate orexpand the programs. Provide your advice using the information in the table.(d)What is the effect of the introduction of a license fee of 9 million dollars by the governmentfor undergraduate programs being offered by universities on the zero-profit curve for theseprograms? Use relevant plots in your answer.

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Description: Q 4: Answer the questions below using the following Table 1:MC ($)7,2596,5485,8385,1254,4173,706MC ($)6,5416,8217,1027,3837,6647,945AC ($)Total cost ($)105,311,250202,070,000StudentsUndergraduate13,75027,50041,25055,00068,75082,500Students7,6597,348

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MATLAB: An Introduction with Applications

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