00:02
Hello, let me for simplicity make this table.
00:05
We have quantity.
00:09
It might be 0, 1, 2, 3, 4 and 5.
00:15
And we have average total costs.
00:21
So nothing here.
00:25
10, 8, 7, 8, and 10.
00:32
So from here we can find the total cost.
00:41
We multiply this numbers of average total cost by quantity.
00:48
So here we have 10, we have 16, we have 21, we have 32 and we have 50.
01:05
And it's given that the fixed cost of production is $3...