Problem 1. Tanner owns a car dealership and sells used cars. Tanner buys a used car at price $p and has no other costs (a) What is Tanner's total cost if he sells 10 cars? (b) What is Tanner's total cost if he sells 20 cars? (c) What is Tanner's total cost if he sells y cars, TC(y)? (d) What is Tanner's average cost function, AC(y)? (e) For every additional car Tanner sells, by how much do his costs increase? (f) What is Tanner's marginal cost function, MC(y)? (9) Draw Tanner's average and marginal costs curves if p 20 (h) Suppose Tanner has to pay $b for a radio commercial. What is Tanner's new totalcost , TC (y)? (i) What is Tanner's new average cost, AC(y)? ()) What is Tanner's new marginal cost, MC(y)? (k) If the cost of the radio commercial is bi100 and p220, draw Tanner's average cost function of the previous graph . Problem 2. Maggie wants to open a flower shop in Easton . She has a choice of three different floor sizes : 200 sq feet , 500 sq . feet , and 1000 sq . feet The monthly rent is $1 per sq . foot . Maggie estimates that if she has F sq feet of floor space and sells y bouquets a month , her variable cost will be cBy? @ y,:. Note : Given that variable cost is c Byl ", the marginal cost is MC Zyl 2 y for some