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A firm that manufactures baseballs operates in a perfectly competitive industry. Suppose the costs of producing baseballs are given in the following table: Quantity Total

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A firm that manufactures baseballs operates in a perfectly competitive industry. Suppose the costs of producing baseballs are given in the following table: Quantity Total Cost Fixed Cost Variable Cost Average Average Average Total cost Fixed Cost Variable Cost Marginal Cost 0 6 6 0 1 12 2 8 3 3 4 5 5 24 6 18 Fill in the table above

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