Suppose that your factory faces a total product curve that contains the following points:
Quantity of Labor Total Product
6 ................ 1
10 ............... 2
13 ............... 3
15 ............... 4
18 ............... 5
23 ............... 6
30 ............... 7
40 ............... 8
If labor costs $2 per unit, and you have fixed costs of $30, construct tables showing your variable cost, total cost, average cost, and average variable cost curves.