5. Given the following table, fill in the table, and graph the cost curves. Output (Q)/day Total Variable costs ($) Total costs (TC) ($) Marginal costs Average Total (MC) costs ($) (ATC) ($) Average Variable costs (AVC) ($) 0 150 1 225 2 400 3 550 4 675 875 5 6 1175 1580 7 7 8 2090 9 3000 a. Figure 5: Production Cost Schedule What is the dollar value of the fixed costs in this example? b. Why do marginal costs, average variable costs, average total cost have a "U" shape? That is, why do they start out high, get lower, and then higher again? c. Explain carefully the difference between marginal costs and average total costs