Question 4 [53 points] The table below outlines some data obtained from a firm's research on their costs when producing certain quantities of output. The firm has a fixed cost of $5,000 for the following data. Complete the following question. (If necessary round your answers to two decimal places.) a) Fill in the blanks in the following table. Units of Total Fixed Total Marginal Average Average Average Output Cost Variable Total Cost Cost Fixed Cost Variable Cost Cost Total Cost 50 0 0 6,500 0 60 0 7,200 0 O 0 0 90 0 8, 100 0 0 0 180 0 0 10,800 0 0 0 190 0 0 11.400 0 0 0 200 0 12,000 O 0 0 210 O 12,600 0 O TO O O 220 13,200 0 b) Graph your answer for total fixed cost on the graph below. Select the curve you wish to graph from the drop-down box at the top of the graph. (You must plot all points to receive full marks.) Total Fixed Cost Cost ($) 12000 8000 IC 4000 TVC 30 60 90 120 150 180 210 240 Reset Units of Outputc) Graph all your answers for average total cost, and marginal cost on the graph below. Select the curve you wish to graph from the drop-down box at the top of the graph. (You must plot all points to receive full marks.) Marginal Cost 240- Cost ($) per unit 90 60- AVC 30+ 30 60 90 120 150 180 210 240 Reset Units of Output