a. Given the following chart and information fill in the missing values. Please write on a separate sheet. 
Output	TFC	TVC	TC	MC	AFC	AVC	ATC
0	$2,000	--
50	100
100	80
150	60
200	50
250	60
300	85
350	125

b. Please graph your results. Draw both the average and total cases making sure to explain these important relationships or trends in the curves:
In the AVG Cost Curves:
i) Shape of AVC as Q increase
ii) AVC and ATC and Q increases
iii) U-shape of AVC and ATC
In Total Cost Curves
i) Shape of TFC, TVC/TC
ii) TC and TVC as Q increases (note: TC = TVC + TFC ? this tells you something about distance between the two curves) 
c. In a typical LRAC curve like the illustration below, explain economies and diseconomies of scales as well as constant returns to scale. Make sure to use the graph and explain the concept.