2. Mark and Jeff operate a small company that produces souvenir footballs. Their fixed cost is $2,000 per month. They can hire workers for $1,000 per worker per month. Their monthly production function for footballs is as given in the accompanying table. a. For each quantity of labor, calculate, fixed cost (FC), variable cost (VC), total cost (TC), average variable cost (AVC), average fixed cost (AFC), average total cost (ATC), and marginal cost (MC). b. On one diagram, illustrate the AVC, ATC, and MC curves. c. At what level of output is Mark and Jeff's average total cost minimized? Quantity Quantity FC VC TC AVC AFC ATC MC of of workers footballs 0 300 800 1200 1400 1500