Calculate average variable cost and marginal cost

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Reference no: EM133357679

Question: The company Tablas de Surf, S.A. has a plan to total product shown in problem 1. Each worker receives a salary of $500 per week and the firm's total fixed cost is $1,000 per week.

a. Calculate total cost, total variable cost, and total cost. total fixed cost for each production quantity and sketch the short-run total cost curves.

b. Calculate average total cost, average fixed cost, average variable cost and marginal cost for each production quantity and plot the curves marginal and average cost in the short run.

c. Draw the PMe, Pg, CVM, and CM curves as those illustrated

Reference no: EM133357679

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