Cost Curve Chart Generator

Features Explained:

1. Input Fields:

   • Fixed Cost: Enter the fixed cost (e.g., rent, salaries).
   • Variable Cost: Enter the variable cost per unit of production (e.g., materials, labor).
   • Output Levels: Enter a list of output levels (e.g., 1, 2, 3, 4, 5). These will represent different production quantities.

2. Cost Curves:

   • Total Cost (TC): Fixed + Variable Cost at each output level.
   • Fixed Cost (FC): Constant at all output levels.
   • Variable Cost (VC): Increases with each output level.
   • Average Cost (AC): Total Cost divided by the output level.

3. Chart.js: A line chart is generated using the Chart.js library, which displays the various cost curves as lines.

Usage:

1. Fixed Cost: For example, a fixed cost of 1000 means no matter how much is produced, you pay a total of 1000 in fixed expenses.
2. Variable Cost per Unit: For example, if the variable cost is 20, then for each unit of output, an additional 20 is added to the total cost.
3. Output Levels: Enter a list of output levels like 1,2,3,4,5, and the tool will calculate the costs at each level.