Based on the following scenario, answer questions 1a, 1b, and 1c:

You plan to open your own hamburger shop. After doing some research and planning, you have created a table to help estimate how much to charge for your hamburger to make a profit. You already identified various quantities of hamburgers you could potentially produce as well as the related variable and fixed costs. Review the information already provided in the Hamburger Shop at the introduction) then calculate and enter the remaining information. In a provided table

# of Hamburgers	Variable Costs	Fixed Costs	Total Costs	Average Total Cost	Average Variable Cost	Marginal Cost
1,000	$500	$5,000	$5,500
2,500	$1,000	$5,000	$6,000
4,000	$1,400	$5,000	$6,400
9,000	$2,400	$5,000	$7,400
13,000	$3,400	$5,000	$8,400
20,000	$10,000	$5,000	$15,000
45,000	$31,250	$5,000	$36,250

1b. Graph the Average Total Costs, Average Variable Costs, and Marginal Costs on the same graph.

1c. Identify the price and quantity of hamburgers you would ideally produce. Explain why.