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Review the table below, which shows the costs of producing Big Macs. Why does the total cost equal $100 even when there are zero Big

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Review the table below, which shows the costs of producing Big Macs. Why does the total cost equal $100 even when there are zero Big Macs produced? (2) (3) 14) (5) (6) (8) TABLE 8.3 Measuring Costs (1) Quantity (Q - Big Macs produced per hour) Abbreviation: Total Variable Cost TVC Total Fixed Cost TFC Total Cost TC Average Variable Cost AVC Average Average Marginal Fixed Cost Total Cost Cost AFC ATC MC TC+0 TVC 40 TFC Q AVC + AFCO STC + TVC + 9 Formula: 0 10 $3.00 $10.00 5.00 33 2.50 $13.00 7.50 5.50 20 30 40 50 60 2.12 $0.00 30.00 50.00 65.00 27.00 87.00 100.00 120.00 160.00 220.00 300.00 8 8 8 8 8888 $100,00 100.00 100.00 100.00 100.00 100.00 100,00 100.00 100.00 100.00 100.00 TVC + TFC $100.00 10.00 150.00 165.00 177.00 187.00 200200 220.00 260.00 320.00 800.00 $3.00 2.00 1.50 1.20 1.00 1.30 2.00 2.74 1.14 1.6 1.21 2.00 2.44 3.00 1.67 1.13 1. 211 1.00 2.1 3.25 3.55 200 6.00 4.00 H00 Total costs include only fixed costs, and fixed costs are incurred even when they are not producing Total cost includes both fixed and variable costs, and fixed costs are incurred even when they are not producing. Total cost includes both fixed costs and variable costs, and variable costs are incurred even when they are not producing Total costs include only variable costs, and variable costs are incurred even when they are not producing

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