Please explain!

4. The relationship between marginal and average costs Consider the following scenario to understand the relationship between marginal and average values. Suppose Simone is a professional basketball player, and her game log for free throws can be summarized in the following table. Fill in the columns with Simone's free-throw percentage for each game and her overall free-throw average after each game. Gama Total Game Result 8/10 Game Free-Throw Percentage 80 Average Free-Throw Percentage 80 1 8/10 14/20 2 6/10 1/5 3/5 15/25 18/30 26/40 8/10 On the following graph, use the orange points (square symbol) to plat Simone's free-throw percentage for each game individually, and use the green points (triangle symbol) to plot her overall average free-throw percentage after each game. Note: Plot your points in the order in which you would like thern cornected. Line segments will connect the points automatically. Game Free-Throw Percentage 70 H Average Free-Throw Percentage FREE-THROW PERCENTAGE 8 8 8 8 8 8 8 40 20 10 0 2 3 5 GAME You can think of the result in any one game as being Sirnone's marginal free-throw percentage. Based on your previous answer, you can deduce that when Simone's marginal free-throw percentage is below the average, the average must be You can now apply this analysis to production costs. For a U-shaped average total cost (ATC) curve, when the marginal cost curve is below the average total cost curve, the average total cost must be . Also, when the marginal cost curve is above the average total cost curve, the average total cost must be Therefore, the marginal cost curve intersects the average total cost curve