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(a) The table below shows the information on price, output and cost of a firm. Quantity Price Total Cost $10 $20 10 $9 $60 20

(a) The table below shows the information on price, output and cost of a firm.

Quantity Price Total Cost $10 $20 10 $9 $60 20 $8 $90 30 $7 $140 40 $6 $200 50 $5 $280 60 $4 $400

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