Please answer the question below and if you can provide an explanation that would be great.

An average variable cost function is estimated as AVC = 34 -70 + 0.0802 Which of the following cost functions is associated with this estimate? Select one: O a ATC = 34/Q - 7+ 0.080 O b. MC = 96 - 40+ 0.102 O c.TVC = 340-70' + 0.080 O d. MC = 340 - 140' + 0.2403 A separate set of data results in the following graphs of TVC. AVC. and MC: 408000 158000 153000 108000 260 130 160 140 120 100 -MC 3001 4000 8010 The best functional forms to estimate would be to use a function for TV C. a. _ function for AVC, and a function for MC. Select one: O a. cubic (/'VC): quadratic (AV/ C): quadratic (M C) O b. cubic (1'VC); quadratic (AVC); cubic (MC) O c. cubic (1'VC}: cubic (AVC); quadratic (M C) O d. quadratic (7'VC}: cubic (AVC); cubic (MC)