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The following table shows a car manufacturer's total cost of producing cars: Quantity of cars Quantity of cars 0 $500,000 1 $540,000 2 $560,000 3

The following table shows a car manufacturer's total cost of producing cars:

Quantity of cars

Quantity of cars

0

$500,000

1

$540,000

2

$560,000

3

$570,000

4

$590,000

5

$620,000

6

$660,000

7

$720,000

8

$800,000

9

$920,000

10

$1,100,000

a. What is this manufacturer's fixed cost?

b. For each level of output, calculate the variable cost (VC). For each level of output except zero output,

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