1. Suppose that a firm producing carved bears faces production costs related to output per day according to the following total cost schedule: quantity total cost 170 300 2 415 3 520 615 5 710 810 7 920 1040 1180 10 1350 11 1550 12 1780 13 2090 A. Prepare a table that shows total cost, total fixed cost, total variable cost, average total cost, average fixed cost, average variable cost, and marginal cost at each level of output (calculate costs to a single decimal point). B. Plot the average total cost, average fixed cost, average variable cost, and marginal cost curves for this single firm (remember that values for marginal cost are plotted at the midpoint of the respective intervals). C. At what level of production does marginal cost equal average variable cost? At what level of production does marginal cost equal average total cost? D. If, under current circumstances, MP /P. is greater than MP /P. how should this firm adjust its mix of labor and capital in the long run