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Assume that labor and capital are the only inputs used by a firm. Capital is fixed at 5 units, which cost $100 each. Each worker

Assume that labor and capital are the only inputs used by a firm. Capital is fixed at 5 units, which cost $100 each. Each worker can be hired for $200 per day. Complete the following table to show average variable cost (AVC), average total cost (ATC), and marginal cost (MC).

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