this question contain two different discussion question

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this question contain two different discussion question

Question 1:Topic: Increase in Fixed Costs

Suppose a business experiences a sudden increase in its fixed costs. For example, suppose property taxes increase dramatically. What impact, if any, will this have on the following:

a) the firm’s AFC (average fixed cost);

b)the firm’s AVC (average variable cost);

c)the firm’s ATC (average total cost); and,

d)the firm’s MC (marginal cost)?

What changes, if any, is there likely to be in these same cost CURVES?

Discussion 2 question:

Statistics play an important role in predicting what will happen in the future based on collecting, reviewing, and analyzing data from the past. There are various ways to analyze the information collected, including mean, median, mode, standard deviation, range, and others.

Statistics in Business

Do some research, from a reliable source, such as the U.S. Department of Labor (not a scholastic or school site or Wikipedia) to find an interesting set of data and present the mean, median, mode, and standard deviation for this data set. In your initial post, fully explain the information and/or make predictions for the future based on your findings. For example, if you are using previous sales for your data set, you might want to predict future sales or suggest wholesale ordering of product for the business to sell.

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