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Oumtion & of 25 Question s 4 points The below table shows the cost of a Pizza shop in Bahrain. Calculate all the missing values
Oumtion & of 25 Question s 4 points The below table shows the cost of a Pizza shop in Bahrain. Calculate all the missing values in the below table and answer the following questions, Quantity Fired cost Variable costs Total cost Marginal cost (MC) (0) IFC) IVO) (TO) 54 4 16 50 78 12 42 i Does the firm operate in the short-run or long-run? Why? b. What is the value of fixed costs if the firm produces 0 units? c. What is the value of marginal costs at the 5th unit? d. What is the value of Average Total Costs (AC) at 2 units
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