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Using data below calculate the appropriate dollar values for TC, AFC, AVC, ATC, and MC. (12 points) Bob's Blu-ray movie company. Fixed cost per...

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5. Using data below calculate the appropriatedollar values for TC, AFC, AVC, ATC, and MC.(12 points)Bob's Blu-ray movie company.Fixed cost per month = $30,000 rent for building + $20,000 for capitalODVDONVCAVGATGMC1,0005,0002,003,0009,0004,00014,DO020,0007,00049,0008.OOO72,0009.0OO09.00010,000150,000Calculate the AFC AVG ATG MCUsing table 1 values plot the AFC, AVC, ATC, andMC curves on a grid such as one shown below.(8 points)- Place values of AFC, AVC, ATC, and MC on the Y-axis (vertical line): Ranging from $0 to $55 (1,000).- Place values of ? on the X-axis (horizontal line):Ranging from 0 output to 10,000.Approximately at what level of output (not cost) willATC be at minimum.(2 points)
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