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In a slow year, Deutsche Burgers will produce 4, 000 million hamburgers at a total cost of $4,800 millionIn a good year, it can produce

In a slow year, Deutsche Burgers will produce 4, 000 million hamburgers at a total cost of $4,800 millionIn a good year, it can produce 5,200 million hamburgers at a cost of $5, 800 million.

a. What are the fixed costs of hamburger production? Round 1 decimal place

Fixed cost________ million

b. What is the variable cost per hamburger? Round 2 decimal places

Variable cost _______ per burger

c. What is the average cost per burger when the firm produces 3 million hamburgers? Round 2 decimal places

Average cost_________________ per burger

d. What is the average cost per burger when the firm produces 4 million hamburgers? Round 2 decimal places

Average cost __________ per burger

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