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Cost of Production Assignment 1. Using the information below. Calculate the Total Cost, Average Fixed Cost, Average Variable Cost, Average Total Cost and Marginal Cost.

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Cost of Production Assignment 1. Using the information below. Calculate the Total Cost, Average Fixed Cost, Average Variable Cost, Average Total Cost and Marginal Cost. Number of Total Total Total Cost Average Average Average Marginal Furniture Fixed Cost Variable Fixed Cost Variable Total Cost Cost Cost Cost 50 100 50 120 W 50 144 50 160 UI 50 174 6 50 185 50 206

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