1.Jane's Juice Bar has the following cost schedules:

Quantity Variable Cost Total Cost

0 vats of juice $ 0 $ 30

1 10 40

2 25 55

3 45 75

4 70 100

5 100 130

6 135 165

a. Calculate average variable cost, average total cost, and marginal cost for each quantity.

b. Graph all three curves. What is the relationship between the marginal-cost curve and the average-total-cost curve? Between the marginal-cost curve and the average-variable-cost curve? Explain.