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The graph depicts a restaurants monthly unit costs. At 100 units: 1. ATC is $1040. 2. The rm uses 20 units of labor. 3. The

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The graph depicts a restaurants monthly unit costs. At 100 units: 1. ATC is $1040. 2. The rm uses 20 units of labor. 3. The rm uses 100 units of capital and the price of capital is $400 per unit. . What is the price of labor? PL: . What is average xed cost? AFC= . What is Marginal Cost? MC= If the rm increase output to 110 units ' TC110 units: ' VC'110 units= ' ATC110 units: ' AVC110 units: Round all numbers to the nearest whole number and enter without a dollar sign or commas, e.g. enter $10,000.25 as 10000. Representative Restaurant's Monthly Unit Costs $/unit MC1 ATC1 ...... P1 AVC1 P 2 P3 Q(firm) 91=100

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