Reference no: EM132173626

Of the following Data I need help calculating 5 things. below

Q TVC ($)

1 69

2 118

3 152

4 177

5 198

6 218

7 243

8 279

9 330

10 400

1 How do I Identify the range of output exhibiting increasing returns (increasing MP), and the range exhibiting diminishing returns (decreasing MP).

2 Current fixed costs for the company equal $230. Please help me Draw two graphs, both with Q on the horizontal axis: one graph shows TVC and TC, and the other shows AVC, AC, and MC.

3 What if the government imposes a $65 property tax hike on all businesses; how will that affect your two graphs and which cost curves will be affected and how?

4 What if the government considers your production process to be polluting the environment, and imposes a $8 tax per unit produced (instead property tax). help me understand how does this tax increase compare to the property tax increase, in terms of the effect on your company's cost curves?

5 Either of these taxes is going to force the company to change production levels. how do I respond?