Fixed and Variable Costs. In a slow year, Wimpys Burgers will produce 1 million hamburgers at a

Question:

Fixed and Variable Costs. In a slow year, Wimpy’s Burgers will produce 1 million hamburgers at a total cost of $1.75 million. In a good year, it can produce 2 million hamburgers at a total cost of $2.25 million. What are the fixed and variable costs of hamburger production?

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