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Problem 1 0 - 4 Fixed and Variable Costs ( LO 3 ) In a slow year, Deutsche Burgers will produce 2 million hamburgers at
Problem Fixed and Variable Costs LOIn a slow year, Deutsche Burgers will produce million
hamburgers at a total cost of $ million. In a good year, it can
produce million hamburgers at a total cost of $ million.aWhat are the fixed costs of hamburger
production?Do not round intermediate calculations.
Enter your answer in millions rounded to decimal
places.bWhat is the variable cost per
hamburger?Do not round intermediate calculations.
Round your answer to decimal places.cWhat is the average cost per burger
when the firm produces million hamburgers?Do not
round intermediate calculations. Round your answer to decimal
places.dWhat is the average cost per burger
when the firm produces million hamburgers?Do not
round intermediate calculations. Round your answer to decimal
places.eWhy is the average cost lower when more
burgers are produced?
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