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he residents of the town Ectenia all love economics, and the mayor proposes building an economics museum. The museum has a fixed cost of $2/400,000

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he residents of the town Ectenia all love economics, and the mayor proposes building an economics museum. The museum has a fixed cost of $2/400,000 and no variable costs. There are 100,000 town residents, and each has the same demand for museum visits: QD = 10 - P, where P is the price of admission. On the following graph, use green points (triangle symbol) to graph the museum's average total-cost curve at the following quantities: 1,000 visits, 3,000 visits, 4,000 visits, 6,000 visits, 8,000 visits, and 12,000 visits. Then use the orange line (square symbol) to graph the museum's marginal-cost Curve. 2490 2200 2000 Average Total Cost 1900 1600 1400 Marginal Cost 1200 1050 600 700 + 4 T 10 11- 12 Visits {Thongand)

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