Using the graph and prices and quantities below, do the following calculations:No gurther info provided. you should have everything required to do the calculations and fill in the blanks. **only enter numbers NO $$ and do NOT type in words (e.g. loss/profit, $'s etc - ONLY numbers)PRICEPrice InfoAQuantitiesBсDEFGGiven this information:HA = $1621 = 20ILMQuantityKNB = $144J-70O1IIIIIIIIIIIIATCMCK=130AVCC = $120D = $88L = 240E = $54F = $40G = $22H = $14Shutdown Point in $ =Quantity ProducedATC ($$ amount)AVC ($$ amount)TC ($$ amount)TVC ($$ amount)Profit/Loss ($$ amount) =BreakEven point in $ =Quantity ProducedATC ($$ amount) LAVC ($$ amount)TC ($$ amount) LTVC ($$ amount)Profit/Loss ($$ amount) LProfit/Loss Point in $ =Quantity Produced=ATC ($$ amount) =AVC ($$ amount)TC ($$ amount) =TVC ($$ amount)Profit/Loss ($$ amount)

The shutdown point of a firm is the output level at which the firm's total revenue is equal to its…

**only enter numbers NO $$ and do NOT type in words (e.g. loss/profit, $'s etc - ONLY numbers) PRICE Price Info A Quantities B с D E F Given this information: G H A = $162 1-20 M Quantity K N B = $144 J-70 0 1 I I I I I I I I I I I L ATC MC K-130 AVC C= $120 D $88 L = 240 E = $54 F = $40 G = $22 H = $14 Shutdown Point in $ = Quantity Produced ATC ($$ amount) AVC ($$ amount) = TC (SS amount) = TVC ($$ amount) = Profit/Loss ($$ amount) BreakEven point in $ Quantity Produced ATC ($$ amount) = AVC ($$ amount) TC ($$ amount) = TVC ($$ amount) Profit/Loss ($$ amount) Profit/Loss Point in $ = Quantity Produced ATC ($$ amount). AVC ($$ amount) = TC ($$ amount) TVC ($$ amount) Profit/Loss ($$ amount) =

**only enter numbers NO $$ and do NOT type in words (e.g. loss/profit, $'s etc - ONLY numbers) PRICE Price Info A Quantities B с D E F Given this information: G H A = $162 1-20 M Quantity K N B = $144 J-70 0 1 I I I I I I I I I I I L ATC MC K-130 AVC C= $120 D $88 L = 240 E = $54 F = $40 G = $22 H = $14 Shutdown Point in $ = Quantity Produced ATC ($$ amount) AVC ($$ amount) = TC (SS amount) = TVC ($$ amount) = Profit/Loss ($$ amount) BreakEven point in $ Quantity Produced ATC ($$ amount) = AVC ($$ amount) TC ($$ amount) = TVC ($$ amount) Profit/Loss ($$ amount) Profit/Loss Point in $ = Quantity Produced ATC ($$ amount). AVC ($$ amount) = TC ($$ amount) TVC ($$ amount) Profit/Loss ($$ amount) =

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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