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1. The table below shows the cost to run a nursing unit based on the number of patient days (Q), calculate and graph average fixed
1. The table below shows the cost to run a nursing unit based on the number of patient days (Q), calculate and graph average fixed cost (AFC), average variable cost (AVC), average total cost (ATC), and marginal cost. At what level of output (Q) is efficiency maximized? g 0 AFC AVC ATC MC 300 360 420 480 540 600 TFC TVC TC $100,000 $0 $100,000 $100,000 $450,000 $550,000 $100,000 $540,000 $640,000 $100,000 $630,000 $730,000 $100,000 $724,800 $824,800 $100,000 $820,800 $920,800 $100,000 $924,000 $1,024,000
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