The diagram to the right displays short-run cost curves for a facility that produces liquid crystal display (LCD) screens for cell phones. a. What are the daily total fixed costs of producing 300 LCD screens? $999 (Round your answer to the nearest penny.) b. What are the total variable costs of producing 300 LCD screens per day? $ 1275 (Round your answer to the nearest penny.) c. What are the total costs of producing 300 LCD screens per day? $(Round your answer to the nearest penny.) Costs (dollars per LCD screen) 12.00- 11.00- 10.00- 9.00- 8.00- 7.00- 6.00 5.00- 4.00 3.33 .….... 3.00- 2.00- 1.00 0.00- 5.00 4.25 0 200:300 AVC 800 200 400 600 Output (LCD screens per day) AFC 100

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