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URGENT! NEED ANSWER RIGHT AWAY! THANK YOU! 2. Given the table below, ll in the remaining values in the table, showing your work. Total Total

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URGENT! NEED ANSWER RIGHT AWAY! THANK YOU!

image text in transcribed
2. Given the table below, ll in the remaining values in the table, showing your work. Total Total Average Average Average Total Fixed Variable Fixed Variable Total Marginal Output Cost Cast Cast Cast Cast Cast Cast 1 00 5 60 60 200 _ _ _ _ _ _ 4.00 3 00 _ _ _ _ 4 .00 _ _ 400 7 7 7 7 7 7.00 7 If you look at AFC as Q increases, what is happening? Explain. If you look at MC, what is happening as Q increases? If you look at AVC, what is happening as Q increases? For the latter two questions, how would the MC and AVC curves look if drawn in a graph? Depict in the same graph

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