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The table below shows the monthly cost of producing vintage model cars for collectors for quantities O, 100, 200, and 500. Complete the table by
The table below shows the monthly cost of producing vintage model cars for collectors for quantities O, 100, 200, and 500. Complete the table by filling in the average fixed cost, average variable cost, and average total cost. Instructions: Round your answers to 2 decimal places. Average Fixed Cost (dollars) Average Variable Cost (dollars) Average Total Cost (dollars) Vintage Model Car Production Costs Total Fixed Total Variable Output Cost (dollars) Cost (dollars) 0 $3,500 $0 100 3,500 1,200 200 3,500 1,700 500 3,500 4,750 Total Cost (dollars) $3,500 4,700 5,200 8,250
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