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Karen runs a print shop that makes posters for large companies. It is a very competitive business. The market price is currently $1 per poster.

Karen runs a print shop that makes posters for large companies. It is a very competitive business. The market price is currently $1 per poster. She has fixed costs of $250. Her variable costs are $2,000 for the first thousand posters, $1,600 for the second thousand, and then $1,000 for each additional thousand posters.

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Karen runs a print shop that makes posters for large companies. It is a very competitive business. The market price is currently $1 per poster. She has fixed costs of $250. Her variable costs are $2,000 for the first thousand posters, $1,600 for the second thousand, and then $1,000 for each additional thousand posters. Instructions: Round your answers to 3 decimal places. a. What is her AFC per poster (not per thousand!) if she prints 1,000 posters? $ What if she prints 2,000 posters? $ What if she prints 10,000 posters? $ b. What is her ATC per poster if she prints 1,000? $ What if she prints 2,000? $ What if she prints 10,000? $ c. If the market price fell to 95 cents per poster, would there be any output level at which Karen would not shut down production immediately? (Click to select) v

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