Relevant Range and Fixed and Variable Costs Child Play Inc. manufactures electronic toys within a relevant range of 114,000 to 182,400 toys per year. Within this range, the following partially completed manufacturing cost schedule has been prepared: Complete the cost schedule below. When computing the cost per unit, round to two decimal places. Round all other values to the nearest dollar.
Toys produced114,000144,000182,400
Total costs:
Total variable costs $49,020d. $ j. $
Total fixed costs54,720e. k.
Total costs$103,740f. $ l. $
Cost per unit:
Variable cost per unita. $ g. $ m. $
Fixed cost per unitb. h. n.
Total cost per unitc. $ i. $ o. $

Assume that the following conditions exist: a. all banks are fully loaned up- there are no excess reserves, and desired excess reserves are always zero. b. the money multiplier is 5 .     c. the planned investment schedule is such that at a 4 percent rate of interest, investment =$1450 billion. at 5 percent, investment is $1420 billion. d. the investment multiplier is 3 . e.. the initial equilibrium level of real gdp is $12 trillion. f. the equilibrium rate of interest is 4 percent now the fed engages in contractionary monetary policy. it sells $1 billion worth of bonds, which reduces the money supply, which in turn raises the market rate of interest by 1 percentage point. calculate the decrease in money supply after fed's sale of bonds: $nothing billion.

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