Question: a. Create a spreadsheet using Microsoft Excel (or any other spreadsheet software) that matches the one above by entering the output and cost data given

a. Create a spreadsheet using Microsoft Excel (or any other spreadsheet software) that matches the one above by entering the output and cost data given above. Then use the appropriate formulas to create four new columns in your spreadsheet for average fixed cost (AFC), average variable cost (AVC), average total cost (ATC), and short-run marginal cost (SMC). [Computation check: At Q = 400, SMC = $110]

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