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ECON: PLEASE PROVIDE FORMULAS AND EXPLANATION FOR EVERY BLANK PART YOU FILL OUT! I need to understand exactly what you did for each blank spot
ECON:
PLEASE PROVIDE FORMULAS AND EXPLANATION FOR EVERY BLANK PART YOU FILL OUT! I need to understand exactly what you did for each blank spot in order to get credit, otherwise its not helpful for me to understand how to actually solve this (I can use CHATGPT to get answers, I need steps and explanation in order to understand): ------------------------------------------------------------------------------------------------------------------------------------------------------------ fill in the blanks:
Total Total Average Average Average Total fixed variable fixed variable total Marginal Output cost cost cost cost cost cost cost 100 1,000 200 9 300 9.50 1 1111 400 7,300 500 1 0 1 1 1 1 1 16.78 1III11 111111 600 6,000 1 700 12.50 800 12, 1509. Your table should look like: Total Total Average Average Average Total fixed variable fixed variable total Marginal Output cost cost cost cost cost cost cost 100 4500 3,500 1,000 35 10 45 10 200 5300 3,500 1,800 17.50 9 26.50 8 300 6,250 3,500 2,750 11.67 917 20.83 9.50 400 7,300 3,500 3,800 8.75 950 18.25 10.50 500 8,390 3,500 4,890 7.00 9.78 16.78 10.90 600 9,500 3,500 6,000 5.83 10 15.83 11.10 700 10,750 3,500 7,250 5 1036 15.36 12.50 800 12,150 3,500 8,650 438 1081 15.19 14Step by Step Solution
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