Due December 14th.
On #1, I think there is some missing information as you only provided Quantity and nothing else.
You’re correct, the corrections have been made and reposted.
On #2-How is it that you find the determine the “break-even” point again?
Also on 2d, when drawing the supply curve- do I just put all the different costs on a graph and call it a supply curve?
On #3d-How do I go about drawing a demand curve? Again, just put all the different budget constraints on a graph and call it a demand curve?
Thanks for your help!
Break-even is where MC is greater than or equal to AVC.
For 2d- Just graph the applicable supply curve on a different graph–separate from the other curves.
3d- Find the amount you’ll consume for each respective price points–$15, $10, and $6. Graph each price and the amount consumed on a separate graph.
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