d Safari File Edit View History Bookmarks Window Help (Ol S Wed Apr 3 7:30PM ng.cengage.com &% MindTap - Cengage Learning R Course Hero L . 2 CENGAGE ' MINDTAP Q Search this course .~ Module Five Quiz @ X Attempts Keep the Highest / 3 PROFILE 9. Firm''s Cost Schedule ORDERS Carlos's Juice Bar has the following cost schedules: RENTALS COURSES v 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 Study tools 38 48 College Success Tips 60 80 Career Success Tips On the following graph, use the orange points (square symbol) to plot the marginal-cost curve for Carlos's Juice Bar. (Note: Be sure to plot from left to 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 you 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, and use the green points (triangle symbol) to plot the average-total-cost curve also starting at 1 vat of juice. d Safari File Edit View History Bookmarks Window Help (Ol S Wed Apr 3 7:30PM ng.cengage.com &% MindTap - Cengage Learning R Course Hero enshot BN e . 2 CENGAGE ' MINDTAP Q' Search this course ....30.06 PM .~ Module Five Quiz @ X On the following graph, use the orange points (square symbol) to plot the marginal-cost curve for Carlos's Juice Bar. (Note: Be sure to plot from left to 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 you L 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, and use the green points (triangle symbol) to plot the average-total-cost curve also starting at 1 vat of juice. ORDERS o)) '\\2/ RENTALS COURSES v o Marginal Cost - Study tools Average Variable Cost College Success Tips A Average Total Cost Career Success Tips 2 3 4 Quantity (Vats of juice) Safari Edit View History Bookmarks Window Help O Q Wed Apr 3 7:30 PM .. . ng.cengage.com C + 0 DOC Mind Tap - Cengage Learning Course Hero eenshot Resun Richard CENGAGE | MINDTAP Q Search this course ....06PM O Module Five Quiz X HOME Marginal Cost 30 PROFILE 25 Average Variable Cost A-7 E ORDERS Costs RENTALS 15 Average Total Cost EI COURSES 5 0 2 3 Study tools Quantity (Vats of juice) bongo College Success Tips Which of the following statements are true according to the previous graph? Check all that apply. Career Success Tips The marginal-cost curve is below the average-total-cost curve when output is less than four and average total cost is declining. ? Help The marginal-cost curve lies above the average-variable-cost curve. At The marginal-cost curve is below the average-total-cost curve when output is greater than four and average total cost is rising. C- SIGN OUT ijiii Grade It Now Save & Continue Continue without saving APR 3 "tv 4 IBII W