Question: b. Explain why the gap between ProPainters' total cost and total variable cost is the same no matter how many houses are painted. 5) Jackie's

b. Explain why the gap between ProPainters' total cost and total variable cost is the same no matter how many houses are painted. 5) Jackie's Canoe Rides rents canoes at $100 per day and pays $50 per day for each canoe operator it hires. The table shows the firm's production function. Output (Rides/Day) Labour Plant 1 Plant 2 Plant 3 Plant 4 (Workers/Day) 10 20 40 55 65 20 40 60 75 85 30 65 75 90 100 40 75 85 100 110 Canoes 10 20 30 40 a. Graph the ATC curves for Plant 1 and Plant 2. Explain why these ATC curves differ. b. Graph the ATC curves for Plant 3 and Plant 4. Explain why these ATC curves differ. c. On Jackie's LRAC curve, what is the average cost of producing 40, 75, and 85 rides a week? d. What is Jackie's minimum efficient scale

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