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k 3-Apply: Summative Assessment: Elasticity, Consu... 10 oints i Saved The table below shows the monthly cost of producing vintage model cars for collectors
k 3-Apply: Summative Assessment: Elasticity, Consu... 10 oints i Saved The table below shows the monthly cost of producing vintage model cars for collectors for quantities 0, 100, 200, and 500. Complete the table by filling in the average fixed cost, average variable cost, and average total cost. Instructions: Round your answers to 2 decimal places. Vintage Model Car Production Costs Output (dollars) Total Fixed Cost Total Variable Cost (dollars) Total Cost (dollars) Average Fixed Cost (dollars) Average Variable Cost (dollars) Average Total Cost (dollars) 0 $1,000 $0 $1,000 eBook 100 1,000 1,000 2,000 References 200 1,000 1,500 2,500 500 1,000 4,550 5,550 Help Save & Ex
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