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douglas fur is a small manufacturer of fake-fur boots in new york city. the following table shows the company’s total cost of production at various production quantities.

Sagot :

michell96

The missing data in the graph are:

Average Variable Cost: 120, 90, 75, 70, 73, and 80.

Average Total Cost: 120, 120, 95, 85, 85, and 90.

To calculate the Average Variable Cost it is necessary to use the following mathematical formula:

  • AVC = [tex]\frac{Total Variable Cost}{Quantity}[/tex]

On the other hand, to calculate the Average Total Cost it is necessary to use the following mathematical formula:

  • ATC = [tex]\frac{TotalCost}{Quantity}[/tex]

Note: This question is incomplete because the graphic is missing. Here is the full graph.

Learn more in: https://brainly.com/question/25311936

View image michell96
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