a. For each of the given levels of output, calculate the average fixed cost (AFC), average variable cost (AVC), and average total cost (ATC) per cup of frozen yogurt.

b. On one diagram, draw the AFC, AVC, and ATCcurves.

c. What principle explains why the AFC declines as output increases? What principle explains why the AVCincreases as output increases? Explain your answers.

d. How many cups of frozen yogurt are produced when average total cost is minimized?