' ' CENGAGE I MINDTAP Q Search this course I. Module Five Quiz 0 X 40 -I- 35 Marginal Cost 30 + 25 __ Average Variable Cost .9 3 20 A 0 15 _ Average Total Cost 10 5 __ o 1 2 a 4 5 6 Quantity (Vats ofjuice) Which of the following statements are true according to the previous graph? Check all that apply. The marginal-cost curve is below the average-total-cost curve when output is greater than four and average total cost is rising. The marginal-cost curve is above the average-total-cost curve when output is greater than four and average total cost is rising. The marginal-cost curve lies below the average-variabIe-cost curve. r\" CENGAGE | MINDTAP Q Searchthis course Module Five Quiz 0 X Back to Assignment Attempts |:|:|:| Keep the Highest / 3 9. Firm's Cost Schedule Paolo's Juice Bar has the following cost schedules: In the following table, complete the marginal cost, average variable cost, and average total cost columns. Quantity Variable Cost Total Cost Marginal Cost Average Variable Cost Average Total Cost (Vats of juice) (Dollars) (Dollars) (Dollars) (Dollars) (Dollars) 0 0 30 1 5 35 2 15 45 3 30 60 4 50 80 5 75 105 6 105 135 On the following graph, use the orange points (square symbol) to plot the marginal-cost curve for Paolo 's Juice Bar. (Note: Be sure to plot fron right and to plot between integers. For example, if the marginal cost of increasing production from 1 vat of juice to 2 vats of juice is $5, then yc would plot a point at (1.5, 5).) Then use the purple points (diamond symbol) to plot the average-variable cost curve starting at 1 vat of juice, a