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1. Complete the following table. In the table, Q denotes output level, L denotes the number of workers employed, PL, denotes wage rate per worker,
1. Complete the following table. In the table, Q denotes output level, L denotes the number of workers employed, PL, denotes wage rate per worker, K denotes the number of capital needed, and Pk is price per unit of capital. The rest are shorthanded notations for various costs discussed in class. Q L PL K PK FC VC TC MC ATC AVC AFC 0 0 $3 10 $5 1 1 $3 10 $5 2 2 $3 10 $5 3 4 5 472 $3 10 $5 $3 10 $5 12 $3 10 $5
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