To the $55 of fixed cost in Table 7-3, add $90 of additional FC. Now calculate a whole new table,… 1 answer below »
To the $55 of agricultural require in Consultation 7-3, add $90 of additional FC. Now estimate a perfect new consultation, after a while the identical VC as anteriorly but new FC = $145. What happens to MC, AVG? To TC, AC, AFC? Can you establish that insufficiency AC is now at q* = 5 after a while AC= $60 = MC?