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1. Make a hypothetical data table and try to make interrelationships between AC, MC and A VC for ten observations. Keep in mind the trend of certain variables. Support Your answer with the help of correct graphs and their respective interpretations like Q TFC TVC TC ATC AVC AFC MC 1 2 3 4 And So on 2. Solve the following Workers Output Marginal product Total costs ATC MC 0 0 1 20 2 50 3 90 4 120 5 140 6 150 7 155 1. Fill in the column of marginal products. What pattern do you see? How might you explain it? 2. A worker costs $100 a day, and the firm has fixed costs of $200. Use this information to fill in the column for total cost. 3. Fill in the column for average total cost. (Recall that ATC = TC/Q.) What pattern do you see? 4. Now fill in the column for marginal cost. (Recall that MC = ATC/AQ.) What pattern do you see? 5. Compare the column for marginal product and the column for marginal cost. Explain the relationship. 6. Compare the column for average total cost and the column for marginal cost. Explain the relationship