Mathematics, 29.04.2021 21:10 amc9639
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Thion Drones is a newly established manufacturer of drones for recreational use. The firm produced 180 drones last month and sold these for an average price of $230. Thion Drones had average variable costs of $190 per drone. Its fixed costs per month are $4,500.
a. Calculate the average fixed cost (AFC) for Thion Drones.
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b. Calculate the monthly profit or loss made by Thion Drones.
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