Question: 1) Use the table below to answer the following questions. Assume that fixed costs are $100 and labor is paid $80 per unit (employee). L

1) Use the table below to answer the following questions. Assume that fixed costs are $100 and labor is paid $80 per unit (employee). L Q MP AP FC VC TC ATC AVC AFC MC 0 7 2 15 3 25 4 40 5 45 6 48 7 50 Complete the table. (18 points) I a) Graph ATC, AVC, AFC, and MC. (4 points)

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