X 10:58 ull &) & wcourseherocom () - Step-by-step explanation We are given the following; Selling price=$15 Output=40 shirts per day Labor costs=$3 per shirt Investment cost=$3.1 Rent=$200 per day a. Total revenue per day=Price* Quantity =$15"40 =$600 b. Average total cost=Average fixed cost+ Average variable cost Average fixed cost=$200/40=$5 Average variable cost=$31+$3=$6.1 Average total cost=$5+$61=$11.1 c. Per unit profit=Price-Average fixed cost-Average variable cost =R15-R111 Shake to... X m Send Google Feedback