In this Assignment, you will define and calculate the remaining
six major cost elements of a business, when given the Total Costs
and the Quantity Produced, as well as to use the computed costs to
determine a minimum cost output level for that business. In
addition, you will compute both the break-even price and the
shutdown price for a hypothetical business in a perfectly
competitive market, determine if that business would incur an
economic profit at various market prices, and...