Output Fixed Variable Total Cost Cost Cost Cost (tones) Cost Cost Cost AFC AVC ATC MC 0 50.0 52.5 57.0 3 64.0 74.0 87.5 105.0 127.0 154.0 185.4 10 222.8 266.7 12 317.6 13 376.0 14 442.4 "f - a. Complete the table above. (3 marks) i. (Hint: use excel table to do the calculation.) b. In an output-cost diagram draw the above calculated AFC, AVC, ATC, and MC curves and explain the shapes and the relationship among curves. (3 marks) c. Before the pandemic the market price was $17.5, what is the retailers optimal output quantity? How much profit was the retailer able to make in this case? (2 marks)