Explain how the listed events, a) to d), would affect the following at the Ford Motor Company (make

  1. Explain how the listed events, a) to d), would affect the following at the Ford Motor Company (make sure you explain and justify your answer):
  2. (i) marginal cost
  3. (ii) average variable cost (iii) average fixed cost (iv) average total cost
  4. a) Ford signs a new contract with the unions that requires the company to pay higher wages
  5. b) The federal government starts to levy a $1,500 per vehicle tax on new cars
  6. c) The company decides to give its senior executives a one-time $100,000 bonus
  7. d) Ford decides to increase the amount it spends on designing new car models

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