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3. (5 points) Costs MC ATC $30 AVC $25 21 20 O 15 1,400 0 1,000 Quantity of output (a) At an output of 1,000,

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3. (5 points) Costs MC ATC $30 AVC $25 21 20 O 15 1,400 0 1,000 Quantity of output (a) At an output of 1,000, what is the marginal cost? (b) At an output of 1,000 what is the average variable cost? (c) At an output of 1,000 what is the average total cost? (d) At an output of 1,400 what is the marginal cost? (e) At an output of 1,400 what is the average variable cost

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