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

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  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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