Answer The Next Four Questions After Completing The Cost Table Below Quantity Tc Mc Afc Avc Atc 0 1 2 3 4 5 6 90 140 41 1 (56.61 KiB) Viewed 22 times
Answer The Next Four Questions After Completing The Cost Table Below Quantity Tc Mc Afc Avc Atc 0 1 2 3 4 5 6 90 140 41 2 (32.05 KiB) Viewed 22 times
Answer the next four questions after completing the cost table below: Quantity TC MC AFC AVC ATC 0 1 2 3 4 5 6 90 140 410 X 70 X 45 22.5 What is the AVC when two units of output are produced? O a. $50 O b. $55 O c. $60 O d. $70 QUESTION 6 What is the marginal cost of the third unit of output? O a. $25 O b. $50 O c. $90 O d. $140 X 50 90 X 100 115
QUESTION 7 What is the average fixed cost when five units of output are produced? O a. $15 O b. $18 O c. $30 O d. $45 QUESTION 8 What is the marginal cost of the sixth unit of output? - O a. $150 b. $130 c. $110 O d. $90
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