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5. Following table represents the cost structure of a firm. Complete the table. (Note: total product means total 3 output). Total Total variable AFC AVC

5. Following table represents the cost structure of a firm. Complete the table. (Note: total product means total 3 output). Total Total variable AFC AVC ATC MC product Total cost cost 0 $80 190 2 230 3 260 4 300 350 6 420

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