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stion 39 (14 points) idra is an accountant who completes income tax returns for small businesses. The table below represents costs of production. Complete the

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stion 39 (14 points) idra is an accountant who completes income tax returns for small businesses. The table below represents costs of production. Complete the table. Hint: To get started, what is the fixed cost when output per day one unit? (13 points) Output Variable Fixed Total Average Average Average Marginal Per Cost Cost Cost Total Fixed Variable Cost Day (VC) (FC) (TC) Cost Cost Cost (MC) (ATC) (AFC) (AVC) 0 1 $1,200 $1,000 2 $400 3 $1,400 4 $1,600 he Paragraph V BIUA EV + . . . Lato (Recom... 19px ... 122 EQ > 0 C

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