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Please ans this Asap Post Class Quiz #3: Chapters 4 & 5 (1 Saved Help Save & Exit Submit The daily short-run costs of Pete's

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Post Class Quiz #3: Chapters 4 & 5 (1 Saved Help Save & Exit Submit The daily short-run costs of Pete's hamburger joint are shown in the table below. m a. Fill in the table, writing out dollars and cents e.g. $1.00 or $0.10. Note: Round 0.005 up to 0.01. (1) (2) (3) (8) Total Product (4) (5) (9 ) Labour (10) Marginal Product Fixed Costs Variable (7) (workers per (burgers per ( burgers per Costs Marginal Cost Average Fixed Average Total Cost Variable Cost Average Cost Cost day) day day ) ($ ) ($) ($ ) ($ ) ($ ) ($ ) 4 400 80 210 N 392 420 630 m 570 670 840 694 1, 050 In b. Draw a graph showing the marginal cost, average fixed cost, average variable cost, and average cost curves. Using the tools provided plot 5 points for the marginal cost curve, 5 points for the average fixed cost curve, 5 points for the average variable curve and 5 points for the average cost curves for a total of 20 points. To manually plot values first click on the line segment between two points plotted in the graphing area then click on the icon of a widget to bring up the manual data entry box. Remember that marginal values such as marginal cost are plotted halfway between the two relevant quantity levels on the horizontal axis

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