Draw the Graph Assignment Rubric.pdf Draw the Graph Assignment Rubric.pdf – Alternative Formats (55.107 KB)
Assignment Directions: To earn full credit your graphs must display the following: ON THE SAME GRAPH
- The average fixed cost curve will never intersect with either the horizontal or vertical axis.
- There must be proper positioning of the Average Total Cost curve and Average Variable Cost curve.
- The Average Total Cost curve and Average Variable Cost curve must not touch (in between is average fixed costs which can never be zero).
- The Marginal Cost Curve is shaped like a Nike
swoosh. - The Marginal Cost Curve crosses the Average Total Cost curve and Average Variable Cost curves at the lowest point.
Attach and Submit in a Word, PDF, or pic format. You can use the data in Chapter 9 (Table 9.2), to create your own graph using Excel. Or you can make up your own data table and graph them.