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please see attached Question 6 [22 points] The following table contains short-run average total oust data for 5 different plant sizes for the Antique Accents

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Question 6 [22 points] The following table contains short-run average total oust data for 5 different plant sizes for the Antique Accents company. 4 28 - - - - E 22 - . . . S 18 - - - - 10 16 - - - - 12 - 18 - - - 14 16 12 - - - 16 18 8 - - - 18 22 E 22 - - 22 - 6 - - - 24 - 8 - - - 26 - 12 - - - 28 - - 2 - - 30 - . . 12 . 32 - - - B - 34 - - - 6 - 38 - - 22 6 22 40 - - - B 18 42 - - - 12 16 44 - - - 18 - 46 - - - - 16 48 - - - - 18 50 - - - - 22 52 - - - - 28 Complete the following questions. a) Graph the short-hm average total cost curves for the plants then sketch the long-mn average total oust curve. Note: You must plot all of the points for each short-run average total cost curve to receive full marks. Short-run Average Total Cost Curve for Plant 1 56+ 48- 40 Costs 32- 24 16 0 6 12 18 24 30 36 42 48 54 Reset Quantity of Output b) What is the best size of plant if output is: Output Plant Size 10 22 42 c) What plant size would Antique Accents need to use in order to achieve Minimum Efficient Scale (MES)? Plant size = 0 d) What is the output level that achieves MES? Output level = 0

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