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Consider the following table showing the production and cost structure of a rm: Marginal Variable Fixed Labor Output Product COSt COSt 0 0 - $0

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Consider the following table showing the production and cost structure of a rm: Marginal Variable Fixed Labor Output Product COSt COSt 0 0 - $0 $5 1 100 100 $5 $5 2 250 $10 $5 3 350 $15 $5 4 50 $20 $5 5 25 $25 $5 6 430 $30 $5 Use the above table to answerthe following 3 questions [worth 2 points. 2 points, and 4 points}. You max,Ir add a sentence or two of explanation if you so desire

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