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

please see attached

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Question 6 [22 points] The following table contains short-run average total cost data for 5 different plant sizes for the Antique Accents company. 4 1B - - - - 6 12 - - - - 6 B - - - - 10 6 22 - - - 14 6 - - - - 16 8 - - - - 18 12 - - - - 2O - 2 - - - 22 - - 12 - - 24 - . a . . 26 - - E . . 30 - 22 6 - - 32 - - B 18 - 34 - - 12 16 - 36 - - 18 - - 38 - - - 16 38 40 - - - 18 34 42 - - - 22 32 44 - - - 28 - 46 - - - - 32 48 - - - 44 34 50 - - - - 38 52 - - - - 44 Complete the following questions. a) Graph the short-an average total cost curves for the plants then sketch the long-run average total not 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 1 567 Costs 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 20 34 48 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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