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Given in the table1(quantities and total cost) and a fixed cost equal to 180 Calculate the marginal cost (MC), average variable cost (AVC), and average
Given in the table1(quantities and total cost) and a fixed cost equal to 180
Calculate the marginal cost (MC), average variable cost (AVC), and average total cost (ATC).
Identify the breakeven price and quantity
Provide the Shut down quantity and price
Quantity Total Cost Marginal AVC ATC
0 180
1 360
2 468
3 648
4 900
5 1224
6 1620
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