You are planning to setting up a Fruity Juice Stand. The stand itself costs IDR 2,000,000,- The ingredients for each plastic glass of Fruity Juice costs IDR 5,000,- a. What is your fixed cost of doing business? What is your variable cost per plastic glass of fruity juice? b. Construct a table showing your total cost, average total cost, and marginal cost for output levels varying from 0 to10 gallons. (Hint: There are 16 plastic glass in a gallon) c. Draw the three cost curves!

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Chapter1: Making Economics Decisions
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You are planning to setting up a Fruity Juice Stand. The stand itself costs IDR
2,000,000,- The ingredients for each plastic glass of Fruity Juice costs IDR 5,000,-

a. What is your fixed cost of doing business? What is your variable cost per
plastic glass of fruity juice?

b. Construct a table showing your total cost, average total cost, and marginal
cost for output levels varying from 0 to10 gallons. (Hint: There are 16 plastic
glass in a gallon)

c. Draw the three cost curves!

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