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4. Based on the data below, answer the following questions. TC TFC- TV Output Total Cost TVC TFC (units) (RM) AC MC (RM) AFC AVC

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4. Based on the data below, answer the following questions. TC TFC- TV Output Total Cost TVC TFC (units) (RM) AC MC (RM) AFC AVC 33 24 2 8 16 30 7 6 69 4 (a) Complete the following table. (b) Draw the Average Fixed Cost, Average Variable Cost, Average Cost and Marginal Cost curves

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