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Help 11. The following information is available for USA car manufacturers. Costs are all in $. Quantity Variable Costs Total Costs 0 14,500,000 10,000 18,000,000

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Help 11. The following information is available for USA car manufacturers. Costs are all in $. Quantity Variable Costs Total Costs 0 14,500,000 10,000 18,000,000 20,000 65,500,000 30,000 115,950,000 a) What is the fixed cost for USA car manufacturers? (1 mark) b) What is the difference between fixed costs and variable costs? Give examples of each in the case of car manufacturers? (3 marks) c) What is the average total cost when quantity is 20,000? (2 mark) d) What is total cost when quantity is 10,000? (1 mark) e) What is average variable cost when quantity is 30,000 (1 mark) f) What is average fixed cost when quantity is 10,000? (1. mark) g) What is average fixed cost when quantity is 75,000? (1 mark) h) Explain the relationship between quantity and average fixed cost. (1 mark) i) What is the marginal cost of changing production from 10,000 to 20,000 units? (1 mark) j) If the US manufacturer sells cars to UAE dealers for 4000 $, what is total profit when quantity is 30,000 units? (4 marks) Focus

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