1. Suppose that running hamburger business only requires food cart and labor.

Monthly rent for food cart is 1,000. Monthly wage for hiring one worker is 400.

The following table shows possible monthly output depending on different levels of inputs.

1. Complete the tablebelow (if needed, round to the second decimal place) (3 points)

Labor	Food cart	Total Output	Marginal Output	Fixed Cost	Variable Cost	Total Cost	Average Fixed cost	Average Variable Cost	Average Total Cost	Marginal Cost
0	1	0	N/A				N/A	N/A	N/A	N/A
1	1	50
2	1	130
3	1	190
4	1	240
5	1	280
6	1	305
7	1	320

1. 2. Graph AFC, ATC, and MC using thecoordinate plane below. (3 points)

* Graph lines do not need to be super accurate.

30.00 29.00 28.00 27.00 26.00 25.00 24.00 23.00 22.00 21.00 20.00 19.00 18.00 17.00 16.00 15.00 14.00 13.00 12.00 11.00 10.00 9.00 8.00 7.00 6.00 5.00 4.00 3.00 2.00 1.00 0 50 130 190 240 280 305 320