Assume that the cost data in the table are for a Perfectly Competitive Firm Output AFC AVC ATC MC 60 45 105 45 30 42.5 72.5 40 20 40 60 35 15 37.5 52.5 30 12 37 49 35 10 37.5 47.5 40 8.57 38.57 47.14 45 8 7.5 40.63 48.13 55 6.67 43.33 50 65 10 6 46.5 52.5 75