ABC is a small business producing instructional modules for disabled children in public schools. The modules produced by ABC are not differentiated and the market price is $1,300 per module. ABC operates in a small office that rents for $600 a month and leases computer equipment that costs $480 per month. The chart lists other cost of production. Output (Q) Fixed Variable Total Average Average Average Marginal (Instructional Cost Cost Fixed Variable Total Modules (FC) (TC) Cost Cost Per month) (AVC) (ATC) 0 1 2 3 4 5 6 7 8 9 10 1,080 Cost (VC) 400 1,350 1,900 2,500 4,100 5,400 7,300 1,480 2,430 4,280 10,880 Cost (AFC) 216 135 475 965 Cost (MC) 400 450 2) How many instructional modules ABC will produce, assuming it is profit- maximizer? Explain your answer and show that on the graph. 700 1) Complete the chart and plot the following graphs: AFC, AVC, ATV, MC. Be sure to label axis and graphs. 3) Determine ABC's profit and shade the profit on the graph. 4) Given the level of ABC's profit, what are your predictions about profit under these market conditions in the long run, explain. Use a separate sheet (landscape) to show the firms and market dynamic relationships.

Could you show the profit and loss on the graph. Furthermore, the figures for cost you posted were incorrect as they are not dropdown options.

Calculate average variable Cost if total variable cost is $1000 and output is 20

please help

Costs and Profit Maximization: Work It Out 1 Suppose Margie decides to lease a photocopier and open up a black-and-white photocopying service in her dorm room for use by faculty and students. Her total cost, as a function of the number of copies she produces per month, is given in the table. Number of Photocopies Per Month Total Cost Fixed Cost Variable Cost Total Revenue Profit 0 $100         1,000 $110         2,000 $125         3,000 $145         4,000 $175         5,000 $215         6,000 $285         a. Fill in the missing numbers in the table, assuming that Margie can charge 6 cents per black-and-white copy. Margie's fixed cost is: $       Variable cost, 0 photocopies/month: $     Variable cost, 1,000 photocopies/month: $     Variable cost, 2,000 photocopies/month: $     Variable cost, 3,000 photocopies/month: $     Variable cost, 4,000 photocopies/month: $…

Marginal cost can be calculated both from total cost and total variable cost and is not affected by total fixed cost True/False

For each lettered space in the following table, determine the appropriate dollar amount.

Q.4 Marginal Cost is closely related to: (a) Total variable cost (b) Total cost (c) Total fixed cost (d) All of the above