StartYour Own Donut Shop Assigment

Review the information already provided in theDonut Shop Costs TableDownload Donut Shop Costs Table. Then, calculate and enter the remaining information.

# of Donuts	Variable Costs	Fixed Costs	Total Costs	Average Total Cost	Average Variable Cost	Marginal Cost
2,000	$2,000	$10,000	$12,000
3,000	$2,500	$10,000	$12,500
5,000	$3,500	$10,000	$13,500
10,000	$4,000	$10,000	$14,000
15,000	$7,000	$10,000	$17,000
25,000	$20,000	$10,000	$30,000
50,000	$80,000	$10,000	$90,000

Graph the Average Total Costs, Average Variable Costs, and Marginal Costs on the same graph.

• What is the lowest price you could charge for a donut and still make a profit?
• How many donuts would you need to produce?
• How much will your group sell your donuts for?