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please help ib icro A Moving to the next question prevents changes to this answer. Question 2 Red Rock Construction Company has the following short

please help ib icro

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A Moving to the next question prevents changes to this answer. Question 2 Red Rock Construction Company has the following short run cost and output values for a given day: 7 (L) (units/day) 0. ..0 ...................10 2. ........".........22 3. .................36 **The total fixed cost (TFC) for this firm is $100 per day. The only total variable cost (TVC) is wages, which is $60 per person per day. Questions: a) Calculate TFC, TVC, TC, MC, AFC, AVC and ATC for L=2 and L=3 (7 marks)

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