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Pls ans fast The daily short-run costs of Pete's hamburger joint are shown in the table below. a. Fill in the table, writing out dollars

Pls ans fast

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The daily short-run costs of Pete's hamburger joint are shown in the table below. a. Fill in the table, writing out dollars and cents e.g. $1.00 or $0.10. Note: Round 0.005 up to 0.01. (1) (2) Labour Total Product (5) larginal Product Fixed costs Variable Total Cost ( 7 ) (8) (9) (workers per (burgers per (burgers per Costs Marginal Cost Average Fixed Average (BI) day ) day) ($) ($ ) Cost Variable Cost Average Cost 118 230 482 460 869 678 920 698 1, 150 b. Draw a graph showing the marginal cost, average fixed cost, average variable cost, and average cost curves. Using the tools provided plot a 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 dick on the line segment between two points plotted In the graphing ares 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 plotand halfway between the two relevant quantity levels on the horizontal Short Run Costs O Pete's Burger Joint Tools Marginal Cost Average Varia S per Burger Average Cost Average Fixed AFC 100 200 300 400 500 600 700 800 Quantity of Burgers per Day c. Describe the shops of the average fixed cost curve. How does its shape differ from that of the average variable cost and average COST CURVES? The average fixed cost curve is a kClick in talked() lillie ] that becomes flatter at higher quantity levels This differs from the shope of the (Glakto takethis] and YOUR Own] INcurves, both of which are Look .tell al At What quantity, referring to the quantives in column (2) In the table above, do average variable cost and marginal cost have the same value? At whet quantity, referring to the quantities in column (2) in the table above, do average cost and marginal cost have the same value Marginal cost and average venable cost pass through the some set of values at a quantity of AllIll (choose from the quantities the totel propuct column above Marginal cost and oversge cost pass through the same set of velues at s quantity of Callkill (choose from the quentities listed in otel product column above

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