Question 1 Natural Salt is one of the 350 price-taker firms in Country X producing and selling salt. The market price of salt is $16 per bag and Natural Salt has a fixed production cost of $13,000. The firm's variable cost schedule is shown in following table. IQuantity Total Variable Cost ($) (bag) 0 0 1,500 10,500 2,000 12,000 2,500 20,000 3,000 30,000 3,500 42,000 (a) Construct ONE new table based on the above data, which includes the following columns to calculate Natural Salt's total revenue, average variable cost, average total cost and marginal cost. Round your answers to one decimal place if applicable. (4 marks) Quantity Total Average Average Marginal (bag) Revenue ($) Variable Cost Total Cost ($) Cost ($) ($)