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Question 9 Table 5.1 Total Output Total Cost 0 1,000 1 2,000 2 2,800 3 3,500 4 4,000 5 4,500 6 5,200 7 6,000
Question 9 Table 5.1 Total Output Total Cost 0 1,000 1 2,000 2 2,800 3 3,500 4 4,000 5 4,500 6 5,200 7 6,000 8 7,000 Refer to Table 5.1. Marginal cost (MC) of the third unit of output is O 700. O 1,400 O 3,500. O 500. 3 pt
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