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Give the formulas for and plot average fixed cost, AFC, marginal cost, MC, average variable cost, AVC, and average cost, AC, if the cost function

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Give the formulas for and plot average fixed cost, AFC, marginal cost, MC, average variable cost, AVC, and average cost, AC, if the cost function is: 20.00 19.00- C = 12+8q -4q2+ q3. 18.00- 17.00- 16.00- Marginal cost is: 15.00-7 14.00- MC = 8 -8q + 3q2 13.00- 12.00- 11.00- Average fixed cost is: Cost per unit, $ 10.00- 9.00- 12 8.00- AFC = 7.00- q 6.00- 5.00- Average variable cost: 4.00- 3.00- AVC = 8 -4q+ q2 2.00- 1.00- 0.00- Average cost is: Quantity, q, Units per day If you are viewing this on a test or quiz, you must click the graph to enable the drawing AC = 12 -+8-4q+ q2 tools. 1.) Use the 3-point curved line drawing tool to draw the average fixed cost curve for quantities q = 1, q= 2, and q = 3. Label this line 'AFC'. 2.) Use the 3-point curved line drawing tool to draw the average variable cost curve for quantities q=1, q=2, and q = 3. Label this line 'AVC'. 3.) Use the 3-point curved line drawing tool to draw the average cost curve for quantities q = 1, q = 2, and q = 3. Label this line 'AC'. Carefully follow the instructions above, and only draw the required objects

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