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In a slow year, Deutsche Burgers will produce 2.5 million hamburgers at a total cost of $3.6 million. In a good year, it can produce
In a slow year, Deutsche Burgers will produce 2.5 million hamburgers at a total cost of $3.6 million. In a good year, it can produce 4.1 million hamburgers at a total cost of $4.7 million. What are the fixed costs of hamburger production? Note: Do not round intermediate calculations. Enter your answer in millions rounded to 3 decimal places. What is the variable cost per hamburger? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. What is the average cost per burger when the firm produces 2 million hamburgers
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