Homework Answers
TC=TFC+TVC
ATC=TC/Q
AVC=TC/Q
AFC=TFC/Q
a.
When Q=300 LCD screens.
AFC=$3.33
TFC=3.33*300
=$999
b.
When Q=300 LCD screens.
AVC=$4.25
TVC=4.25*300
=$1,275
c.
When Q=300 LCD screens.
TV=TVC+TFC
=1275+999
=$2,274
d.
When Q=300 LCD screens.
AFC=$3.33
AVC=4.25
ATC=AFC+AVC
=3.33+4.25
=$7.58
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