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HOW CAN I GET THE CALCULATIONS I NEED TO MAKE THE GRAPH BELOW FOR QUESTIONS C AND D? THESE ARE THE CURRENT STATS, BUT SOMETHING

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HOW CAN I GET THE CALCULATIONS I NEED TO MAKE THE GRAPH BELOW FOR QUESTIONS C AND D?

THESE ARE THE CURRENT STATS, BUT SOMETHING CHANGES TO GET THE NEW STATS FOR ALL THE GRAPHS BELOW. CAN YOU HELP ME WITH A STEP BY STEP ON FOR FORMULAS TO CALCULATE NEW STATS FOR C AND D QUESTIONS?

Q AND TVC WERE GIVING. CURENT FORMULAS FOR THE REST:

TC= TVC+FC (FC IS 21500)

ATC=TC/Q

AVC=TVC/Q

MC= TC2-TC1 (EXAMPLE: Q20 = 71100-49450- SEE BOLD NUMBERS)

QTVC ($)TCATCAVCMC
1027,95049,45049452795
2049,60071,1003555248021,650
3067,65089,1502972225518,050
4084,800106,3002658212017,150
50103,750125,2502505207518,950
60127,200148,7002478212023,450
70157,850179,3502562225530,650
80198,400219,9002749248040,550
90251,550273,0503034279553,150
100320,000341,5003415320068,450

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You have collected the following data on output and total variable costs:

Q TVC ($)

10 27,950

20 49,600

30 67,650

40 84,800

50 103,750

60 127,200

70 157,850

80 198,400

90 251,550

100 320,000

c. Suppose that the government imposes a $45,000 property tax hike on all businesses; how will that affect your two graphs; i.e., which cost curves will be affected and how?

image text in transcribedimage text in transcribed
Part c) The $45000 property tax hike will increase the fixed cost of the firm and the TC of the firm will increase. This will increase the ATC. Other costs will remain the same. AVC, AC & MC Image transcription text 14000 AVC, AC & MC 14000 12000 10000 12000 8000 AVC COSTS AC 6000 MC 10000 4000 AC 1 2000 0 20 40 60 80 100 120 BOOO AVC QUANTITY COSTS AC 6000 MC 4000 - AC1 2000 20 40 60 80 100 120 QUANTITY TVC & TC 450000 400000 350000 300000 250000 TVC 200000 TC 150000 100000 - . - TC 1 50000 0 20 40 60 80 100 120 QUANTITYPart d) The per unit tax changes all the cost curves of the firm. It increases TC, TVC, AC,AVC and MC of the firm. The cost curves are increased the following way: TVC & TC 450000 400000 350000 300000 2 250000 TVC 200000 -TC -= = => TVC2 150000 --- TC2 100000 50000 40 60 80 100 120 QUANTITY AVC, AC & MC 8000 7000 6000 5000 AVC . AC 54000 MC --. AVC 2 3000 2000 ----- MC 2 1000 20 40 80 100 120 QUANTITY

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