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Kate's Katering is a food truck and the food truck industry is perfectly competitive. To operate Kate has to rent a commercial kitchen space to

Kate's Katering is a food truck and the food truck industry is perfectly competitive. To operate Kate has to rent a commercial kitchen space to prep food, pay for truck insurance and maintenance, hire staff, and also purchase food ingredients. Her fixed costs amount to $100 per day and her variable costs are the following:

Quantity of Meals

Total Variable Costs

0 $0

10 $200

20 $300

30 $480

40 $700

Calculate the total costs for the following quantity of meals

0 meals

10 meals

20 meals

30 meals

40 meals

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