1. You own a small company specializing in printed tee-shirts that you sell door-to-door. Since you are taking Econ 1103 you decide to develop your Cost Schedule for output on any given day. Weekly Output and Costs of printed Tee Shirts Workers Output Marginal Product Total Variable Cost Total Fixed Costs Total Cost Average Total Cost Marginal Cost 0 0 1 20 2 50 3 90 4 120 5 140 6 150 7 155 1.1 Fill in the Marginal Product. Explain the economic reason for the pattern you see.2 A worker costs $100 day and your firm had fixed costs of $200. Use this information to fill in the Total Variable Cost, Total Fixed Costs, Total Costs, Average Total Cost and Marginal Costs. (Hint: You may want to construct your own excel table to do the calculations.)