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Question 5 1 pts Consider the following cost table. Cost Table Q FC VC TC AFC AVC ATC MC 0 300 0 300 1 300
Question 5 1 pts Consider the following cost table. Cost Table Q FC VC TC AFC AVC ATC MC 0 300 0 300 1 300 20 320 300 20 320 20 2 300 36 336 150 18 168 16 3 300 48 348 100 16 116 12 4 300 75 19 5 300 60 25 6 300 50 28 What is the marginal cost of the sixth unit of output? (In other words, if the table were filled in and completed, what number would be entered in the bottom right corner of the table?)
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