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Explain answers by providing formulas used to calculate info. Fill out the table linked here given the levels of output and total costs. Identify the

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Explain answers by providing formulas used to calculate info.

  • Fill out the table linked here given the levels of output and total costs.
  • Identify the most efficient level of production.
image text in transcribed
Output TC TFC TVC AFC AVC ATC MC 1 200 2 350 3 600 4 800 5 1100 6 1450 7 1825 8 2250 9 2750 10 3350

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