Karen runs a print shop that makes posters for large companies. It is a very competitive business. The market price is currently $1.00 per poster. She has fixed costs of $100.00. Her variable costs are $1,500 for the first thousand posters, $1,200 for the second thousand, and then $800 for each additional thousand posters.
What is her AFC per poster if she prints 1,000 posters? AFC per poster if she prints 2,000 posters? What is her AFC per poster if she prints 10,000 posters? What is her ATC per poster if she prints 1,000? What is her ATC per poster if she prints 2,000? What is her ATC per poster if she prints 10,000?