Question: The table below shows the short run cost for producing bicycles. Complete all missing values in table below: Total Average Average Average xed variable 1.

The table below shows the short run cost for producing bicycles. Complete all missing values in table below: Total Average Average Average xed variable 1. Draw the short run total cost curve {Show the total cost, fixed cost, variable cost]. 2. Where the marginal cost and average total cost intercept? Explain the relationship between the marginal cost and the average total cost with the help of graph

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