4. A firm has fixed costs of $80 and variable costs as indicated in the table...

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4. A firm has fixed costs of $80 and variable costs as indicated in the table BELOW. TOTAL PRODUCT Fixed Cost Total Total Variable Cost Total Cost Average Fixed Cost Average Variable Cost Average Total Cost Marginal Cost 0 $0 50 2 90 3 125 4 155 190 230 614 7 275 8 330 10 395 470 (A) Complete the entire table. (B) At what level of output (Total Product) will the MC curve intersect the Average Variable Curve? (C) At what level of output will the MC curve intersect the Average Total Cost curve? 4. A firm has fixed costs of $80 and variable costs as indicated in the table BELOW. TOTAL PRODUCT Fixed Cost Total Total Variable Cost Total Cost Average Fixed Cost Average Variable Cost Average Total Cost Marginal Cost 0 $0 50 2 90 3 125 4 155 190 230 614 7 275 8 330 10 395 470 (A) Complete the entire table. (B) At what level of output (Total Product) will the MC curve intersect the Average Variable Curve? (C) At what level of output will the MC curve intersect the Average Total Cost curve?