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Cases Total Variabl Averag Averag Averag of LED Cost e Costs e e Total e Fixed light Variabl Costs Cost bulbs a. e Costs C.

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Cases Total Variabl Averag Averag Averag of LED Cost e Costs e e Total e Fixed light Variabl Costs Cost bulbs a. e Costs C. produce b. d. d in an hour 0 $4,500 $4,500 n/a n/a n/a 10 $4,900 $4,500 $40 $490 $450 20 $5, 100 $4,500 $30 $255 $225 30 $5,300 $4,500 $26.67 $176.67 $150 40 $5,400 $4,500 $22.50 $135 $112.5 50 $5,700 $4,500 $24 $114 $90 60 $6,700 $4,500 $36.67 $111.67 $75 70 $7,900 $4,500 $48.57 $112.85 $64.28 80 $9,700 $4,500 $65 $121.25 $56.25 90 $11,800 $4,500 $81 $131 $11.50 e. Given the information you computed in Table 3.a., what is the minimum cost output level? Explain why

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