MALAYSIA METTO JOHOR BAHRU DEPARTMENT OF COMMERCE Code/Course Name: DPB1023 - Microeconomics EXERCISE 1 (TOPIC 5: THEORY OF PRODUCTION) Clean Sweep makes brooms and sells them door-to- door. The firm has fixed costs of 200 and workers cost 100 per day. Workers Output D D 20 2 50 90 120 140 150 155 a) At each level of production, calculate i. Average variable cost ii. Average fixed cost ili. Average cost iv. Marginal cost b ) Using graph paper, draw the average cost, total variable cost, and total fixed cost curve. WE DELL