Question 6 [22 points] The following table contains short-run average total cost data for 5 different plant sizes for the Pace Design company. Output Plant 1 Plant 2 Plant 3 Plant 4 Plant 5 4 30 6 24 8 20 10 18 12 20 14 18 14 16 20 10 18 24 8 24 8 24 10 26 14 28 14 1 30 10 8 34 24 24 38 10 20 14 18 42 20 44 18 46 20 1 48 24 50 30 52 Complete the following questions.Complete the following questions. a) Graph the short-run average total cost curves for the plants then sketch the long-run average total cost curve. Note: You must plot all of the points for each short-run average total cost curve to receive full marks. Short-run Average Total Cost Curve for Plant 1 567 48- Costs 12+ 18 24 30 36 42 48 54 Reset Quantity of Output b) What is the best size of plant if output is: Output Plant Size 16 34 O O 50 c) What plant size would Pace Design need to use in order to achieve Minimum Efficient Scale (MES)? Plant size = 0 d) What is the output level that achieves MES? Output level = 0