Homework Assignment #9 (Due Sunday, April 16th at 11:59pm CST) Spring 2023 Econ 217 Name Instructor: Kelly Gollan 1. (0.2 pt) If the government imposes a $1,000 per year license fee on all pizza restaurants, both the cost curve and the cost curve would shift as a result. 2. (1.5 pt) Fill in the table below. (Make sure to show all your work.) Fixed Total Average Average Average Marginal Output Variable Total Costs Costs Fixed Variable Costs Costs Costs Costs Costs O $40 $0 $40 $10 N H $40 $18 3 $40 $25 4 $40 $35 5 $40 $47 6 $ 40 $60 7 $40 $75 8 $40 $95 $40 $120 10 $40 $150 3. (0.3 pt) Consider the following table of long-run total costs for 2 different firms: Quantity 2 3 4 5 6 7 Firm A $60 $70 $90 $100 $110 $120 Firm B $11 $24 $39 $56 $75 $96 $119 Does each of these firms experience economies of scale or diseconomies of scale? Explain. (Make sure to show all your work.)