3. The graph shows the ATC curve for beer served by a person.
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Draw the MC curve for served beer. Label it MCP.
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Minimum average total cost for?self-serve beer occurs at an output of 700 glasses of beer a day.
Draw a point to show minimum average total cost for?self-serve beer.
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Draw the ATC curve for?self-serve beer. Label it ATCSS.??
Draw the MC curve for?self-serve beer. Label it MCSS.
What was Mikes Bikes opportunity cost of production last year Mikes Bikes | Course Hero I sts A new technology lets beer drinkers draw their own taps, like the soda fountain at McDonald's. The technology can measure and charge by the sip. It costs $25,000 for a wall-mounted, 20-tap system, plus a monthly maintenance fee. Source: The Toronto Star, October 9, 2015 The total xed cost oi operating one self-serve system is the cost of The variable cost of providing self-serve beer is the cost of O A. the machine; the difference between what a bartender earns per beer served and the cost per beer served incurred by the machine Q) B. the machine; the beer plus the maintenance fee if maintenance varies according to usage 0 C. the beer; the machine and the workers who provide maintenance services 0 D. the machine and the beer; the workers who provide maintenance services The xed cost of beer served by a person is than the xed cost of self-served beer. The variable cost of beer served by a person is than the variable cost of self-served beer. A. less; greater 0 B. greater; greater 0 C. less; less 0 D. greater; less The average total cost of beer served bv a person is Cost (dollars per glass of beer) 0 .40- 0.20 0.00 o ' 260 ' 460 ' 660 I 800 ' 10'00 Output (glasses of beer per day) >>> Draw only the objects specied in the question. services The xed cost of beer served by a person is than the xed cost of self-served beer. The variable cost at beer served by a person is than the variable cost of self-served beer. A. less; greater 0 B. greater; greater 0 6. less; less 0 D. greater; less The average total cost of beer sewed by a person is G) A. less at smaller outputs and greater at higher outputs than self-served beer 0 B. greater at smaller outputs and less at higher outputs than self-sewed beer 0 C. the same at all outputs as self-served beer 3. The graph shows the ATC curve for beer served by a person. Draw the MC curve for served beer. Label it MCP. Minimum average total cost for self-serve beer occurs at an output of 700 glasses of beer a day. Draw a point to show minimum average total cost for self-serve beer. Draw the ATC curve for self-serve beer. Label it ATCSS. Draw the MC curve for self-serve beer. Label it MOSS. Cost (dollars per glass of beer) 1 .40- 1-20- ATCp 0.00 I | | - I - I - | 0 200 400 600 800 1 000 Output (glasses of beer per day) >>> Draw only the objects specied in the
