1. (16) Read the following article on Breakeven Quantity from Harvard Business Review: https://bit.ly/3eXmq2J then use it answer the following questions. a. (3) Suppose an automobile manufacturer has fixed costs equal to $300 million, variable costs per unit (aka marginal costs) equal to $35,000 per vehicle. Calculate their ATC at Q=2,000; Q=10,000; and Q=20,000. b. (3) On a diagram depict this firms MC and ATC curve for the quantities listed in part a. Be sure that the relevant costs are clearly indicated on the $ axis. c. (5) Calculate the breakeven quantity at the following prices (costs are the same as described in part a.): Price is $55,000/vehicle;

Price is $40,000/vehicle;