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):

i. marginal cost

ii. average variable cost

iii. average ?xed cost

iv. average total cost

a. Ford signs a new contract with the unions that requires the company to pay higher wages.

b. The federal government starts to levy a $1,500 per vehicle tax on new cars

c. The company decides to give its senior executives a one-time $100,000 bonus. cl. Ford decides to increase the amount it spends on designing new car models.