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Instead of selling or getting rid thier car after 4 years, Jeff decide to start using their vehicle in a business. Jeff will be providing
Instead of selling or getting rid thier car after 4 years, Jeff decide to start using their vehicle in a business. Jeff will be providing ride hailing service with their vehicle (UBER). See below for the graph of the total and average costs for the next 7 years. The total fixed costs are 54000 for this period NN N e Price Per KM($) o o = M N 0 Q KM DRIVEN (000s KM) PLEASE COMPLETE TABLE BELOW ONLY USING ABOVE INFORMATION M = 47,000 KM N = 59,000 KM 0 =71,000 KM Q=177,000 KM What is the TFC at 07| What is the AFC at O (2 Decimals)? IfAVC is 1.4 at O, what is the TVC? What is the OPERATIONAL LOSS Quantity (PUT LETTER)? What is the BREAKEVEN Quantity (PUT LETTER)?| ATC atQis: $2.88/KM TC at M is: $141000 Find the Marginal Cost between Q and M (Answer to 2 Decimals and always positive)?$| If Price of an UBER RIDE is $1.8/KM: What is the number of KMs Driven by Jeff?| |KM What is the total Revenue at this point? | What is the total Cost at this point if AVC is $1.3 per KM? | What is the Profit/Loss at this point? $| Jeff and their friend Hanzel plan to drive the car to Banff for a trip. The one way trip from Edmeonton to Banff is expected to be 414 km, and they plan to split the car costs 50-50. Calculate the TOTAL cost of the trip under the assumption that costs are split as follows. Total KMs Drive on the ROUND trip to Banff KM Cost of Gas Only s_': Variable Cost Only s Total Costs -] Below Is a chart with different distances and their total cost for this vehicle please find the marginal costs for as distance Increases. Distance(KM) Total Costs($) Marginal Costs($) PER KM 0 sEi * 25000 $58038 31] 50000 $62366 S,D 75000 $67048 S 100000 $72102 S,D 125000 $77653 51] 150000 $85303 L_J
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