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You are serving as the chair for your community's annual wellness campaign. A key event is the annual Walk 3k, Run 10k, Ride 20k event.

You are serving as the chair for your community's annual wellness campaign. A key event is the annual Walk 3k, Run 10k, Ride 20k event. The event is staged entirely by volunteers, and the goal is to attract community-wide awareness of getting active as a key step to wellness. In other words, the goal is not to raise money but to prompt awareness. As the chair you set a financial goal to break even on the one and only cost of the event: a fitness bag with the community seal and the event motto, "I AM ON THE RIGHT TRACK!" what is the average variable cost and the margin cost

Bags/ Participants Fixed Cost Variable Cost Total Cost Average Variable Cost Marginal Cost Total Revenue wt Price $20 Marginal Revenue Total Profit
0 1700 0 1700 0 -1700
100 1700 500 2200 a 3a 2000 20 -200
200 1700 1200 2900 b 3b 4000 20 1100
300 1700 2700 4400 c 3c 6000 20 1600
400 1700 5200 6900 d 3d 8000 20 1100
500 1700 9000 10700 e 3e 10000 20 -700
600 1700 15000 16700 f 3f 12000 20 -4700
700 1700 23800 25500 g 3g 14000 20 -11500
800 1700 36800 38500 h 3h 16000 20 -22500
900 1700 55800 57500 i 3i 18000 20 -39500
1000 1700 83000 84700 j 3j 20000 20 -64700

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