5. Complete the calculations for the empty cells in the following table. Round to two places. Total Fixed Total Variable Total Average Total Marginal Quantity Cost Cost Cost Cost Cost 0 1200 1275 N 1350 225 1425 1500 1200 1575 450 1650 1725 8 1800 1875 10 750 1950a. Relating to the production relationship for marginal physical product, explain why marginal costs initially decline and then increase. b. At approximately what level of quantity are marginal costs minimized? C. At a quantity of 5 units the MC is than the ATC. Is the slope increasing or decreasing for ATC? d. At a quantity of 15 units the MC is than the ATC. Is the slope increasing or decreasing for ATC?6. The following figure illustrates the marginal cost and average total cost functions for a farm. Use the figure to answer the following questions. Marginal Cost and Average Total Cost 100- 75- Costs MC,ATC 50- ATC MC 25- 0- 10 15 20 Quantity