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pints) Suppose orker added 12 units to total output, and total fixed cost is $24,000. hat is marginal cost? Write the relevant formula and calculate
pints) Suppose orker added 12 units to total output, and total fixed cost is $24,000. hat is marginal cost? Write the relevant formula and calculate it. (2 points) at is average variable cost? Write the relevant formula and calculate it. (2 points) w much output is being produced? Write the relevant formula you got it from and calculate it. (2 points) at is average total cost? Write the relevant formulas you use it to calculate and calculate it. (2 points) erage total cost increasing, constant, or decreasing? Why, explain? (2 points)
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