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Mel Quantity, Total Cost and Marginal Cost Total Quantity Costs MC O 20 30 42 3 35 4 75 100 130 3. Calculate Marginal Costs

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Mel Quantity, Total Cost and Marginal Cost Total Quantity Costs MC O 20 30 42 3 35 4 75 100 130 3. Calculate Marginal Costs for the various quantities of melons above. 4. Suppose the price of 1 crate of melons is $14. How much would this farmer produce? What are the farmer's profits? 5. Suppose the price of melons goes up to $27 per crate. How much will the farmer produce now? What are profits now? As always, you need to say enough to let me know stand what you're talking about. Any response that seems to quote too extensively from your text OR from any other source will receive NO points. Any response that seems too similar in wording or structure to another student's will receive NO points

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