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Q TFC TVC TC AFC AVC ATC MC 1 $65 $21 ? ? ? ? ? 2 $65 $44 ? ? ? ? ? 3
| Q | TFC | TVC | TC | AFC | AVC | ATC | MC |
|---|---|---|---|---|---|---|---|
| 1 | $65 | $21 | ? | ? | ? | ? | ? |
| 2 | $65 | $44 | ? | ? | ? | ? | ? |
| 3 | $65 | $70 | ? | ? | ? | ? | ? |
| 4 | $65 | $98 | ? | ? | ? | ? | ? |
| 5 | $65 | $128 | ? | ? | ? | ? | ? |
| 6 | $65 | $160 | ? | ? | ? | ? | ? |
| 7 | $65 | $194 | ? | ? | ? | ? | ? |
| 8 | $65 | $231 | ? | ? | ? | ? | ? |
| 9 | $65 | $269 | ? | ? | ? | ? | ? |
| 10 | $65 | $310 | ? | ? | ? | ? | ? |
What is Marginal Cost (MC) at quantity 5?
A. $14
B. $19
C . $30
D. $39
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Step: 1
To find the marginal cost MC at quantity 5 we need to look at the change in to...
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Economics for Managers
Authors: Paul G. Farnham
3rd edition
132773708, 978-0133561128, 133561127, 978-0132773706
