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 $6,000 for the following data. Complete the following question. (If necessary round your answers to two decimal places.)

Question 2 [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 $6,000 for the following data. Complete the following question. (If necessary round your answers to two decimal places.) a) Fill in the blanks in the following table. Units of Total Fixed Total Average Variable Total Cost Marginal Average Cost Cost Fixed Cost Variable Average Output Cost Cost Total Cost 40 9,200 50 0 9,500 60 9,600 OO O O 70 o O 9,800 140 o O 11,200 150 12,000 oo 160 o ooo o O 12,800 16,200 ooo OOO 180 O o O b) Graph your answer for total fixed cost on the graph below. Select the curve you wish to graph from the drop-down box at the top of the graph. (You must plot all points to receive full marks.) Total Fixed Cost 32000- 28000 24000- Cost ($) 20000 16000 12000 TC 8000 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.) v Marginal Cost O .A Q Cost (3) per unit ? 888 30 60 90 120 150 180 210 2 UnilsofOutput Ofcial Time: 8:50:32 } SAVE AND CLOSE