Please graph the below items and label it.

"Roughly $39 billion in manufacturing incentives for chip plants known as fabs, as well as material and equipment factories, plus $13.2 billion for research and development and workforce training. There is a separate tax-incentive program, which provides a 25% advanced investment tax credit for manufacturing and processing equipment."

The government's $39 billion subsidy for construction is expected to cover approximately 10 percent of a company's capital expenditure for building a new manufacturing facility. Together with the 25 percent tax credit, the fund is expected to cover 35 percent of the cost of constructing a new factory.

Assume that each semiconductor chips firm faces conventional production technology. This question concentrates on the cost curves of these firms before the pandemic and before the CHIPS Act is implemented.

1. Depict a graph that shows the typical pre-pandemic average fixed costs (AFC), average variable costs (AVC), average total costs (ATC), and marginal costs (MC) for an individual semiconductor firm.
2. Label the horizontal and vertical axis.
3. Label the curves as AFC₀, AVC₀, ATC₀, and MC₀.

What will happen to the firm's cost curves after the CHIPS Act is imposed? Please select one answer for each of the cost curves in the following table that states whether each cost curve would remain unchanged, shift up, shift down, or if the impact is uncertain.

Average Fixed Cost (AFC)	["Unchanged", "Shift Up", "Shift Down", "Uncertain"]
Average Variable Cost (AVC)	["Unchanged", "Shift Up", "Shift Down", "Uncertain"]
Average Total Cost (ATC)	["Unchanged", "Shift Up", "Shift Down", "Uncertain"]
Marginal Cost (MC)	["Unchanged", "Shift Up", "Shift Down", "Uncertain"]