This is the same table you saw in the previous question. It is similar to what you saw in your sample questions and in the textbook. As always, ignore any cell with "----" in it. Your fixed costs (not shown) are $200, your variable costs are your labor and you pay each worker $50. Workers Ouptut (Q) Marginal Product Total Costs Average Total Costs (ATC) Marginal Costs 0 0 ----- $200 ---- ---- 1 16 16 $250 $15.63 $3.13 2 34 $300 $8.82 $2.78 3 54 $350 $6.48 $2.50 4 76 $400 $2.27 5 95 19 $450 6 110 15 $500 7 122 12 $550 $4.51 $4.17 8 132 10 $600 $5.00 9 140 8 $650 $4.64 $6.25 10 146 6 $700 $4.79 $8.33 11 150 4 $750 $5.00 $12.50 At what level of output (Q) is ATC minimized? Multiple Choice ATC is minimized when Q = 95 ATC is minimized when Q = 110 ATC is minimized when Q = 122 ATC is minimized when Q = 132