Need economics help with drawing a graph showing the family of total Cost Curves

Economics
Tutor: None Selected Time limit: 1 Day

 Draw a graph showing the family of total cost curves (TC, VC, FC) prior to the

imposition of the ban and, on the same graph show the impact of the ban on this set of

curves. Be sure to properly label your graphs so I understand the before and after

picture

Dec 30th, 2015

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Dec 30th, 2015

b.) Draw a graph showing the family of average cost curves (AC, AVC, AFC) and put the MC on this graph too. As in part (a) show these four curves prior to the imposition of the ban and, on the same graph show the impact of the ban on this set of curves. Be sure to properly label your graphs so I understand the before and after picture.


Jan 1st, 2016

c.) These new bags cost about 10 cents more than the old bags. If the average customer uses 5 bags per purchase (the Q) from a store, draw a representative Supply and Demand curve to represent the impact on the market for these large retail outlets. Discuss the important insights from this graph.


Jan 1st, 2016

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Dec 30th, 2015
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Dec 30th, 2015
Dec 3rd, 2016
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