If they should continue to produce how many papers should they produce?

6. What is total fixed cost for Sta Show more Use the following spreadsheet to answer the following questions: 6. What is total fixed cost for Star? 7. If Stars total fixed costs were to DOUBLE for some reason how much profit (or loss) does Star make when fixed costs are doubled? 8. Given your answer in #7 should the Star shut down why or why not? If they should continue to produce how many papers should they produce? Explain your choice in 25-50 words. Number of newspapers per day (Q) Total revenue (including advertising revenues) per day (TR) Total cost per day (TC) MC MR PROFIT=TR-TC 0 0 3500 0 -3500 1000 3250 3600 0.1 3.25 -350 2000 4250 3700 0.1 1 550 3000 4750 3860 0.16 0.5 890 4000 5000 4020 0.16 0.25 980 5000 5200 4300 0.28 0.2 900 6000 5375 4500 0.2 0.175 875 7000 5400 4590 0.09 0.025 810 8000 5375 4810 0.22 -0.025 565 9000 5225 5050 0.24 -0.15 175 Show less

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