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Smart cell phones produced in an hour (Enter your response here.) (Enter your response here.) (Enter your response here.) (Enter your response here.) (Enter your
Smart cell phones produced in an hour (Enter your response here.) (Enter your response here.) (Enter your response here.) (Enter your response here.) (Enter your response here.) (Enter your response here.) (Enter your response here.) your response response here.) Average Variable Costs (AVC) b. (Enter your response here.) (Enter your response here.) (Enter your response here.) (Enter your response here.) (Enter your response here.) (Enter your response here.) (Enter your response here.) (Enter your response here.) Average Total Costs (ATC) c. Average Fixed Cost (AF C) (1. (Enter your (Enter your response here.) (Enter your response here.) response here.) (Enter your response here.) (Enter your (Enter your response here.) (Enter your response here.) (Enter your response here.) (Enter your response here.) (Enter your response here.) (Enter your response here.) response here.) (Enter your response here.) (Enter your response here.) (Enter your response here.) (Enter your response here.) (Enter your response here.) Marginal Cost (MC) e. (Enter your response here.) (Enter your response here.) (Enter your response here.) (Enter your response here.) (Enter your response here.) (Enter your response here.) (Enter your response here.) (Enter your response here.) 2. Table 1 shows the hourly production and total cost estimates for a new manufacturing rm wishing to enter the smartphone market. Fill in the blank cells in columns a., b., c., d., and e. on the table by computing the appropriate values. Table 1 (Enter (Enter (Enter (Enter your (Enter your your your your response response response response response here.) here.) here.) here.) here.)
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