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Refer to the table below showing the short-run costs for a firm. TFC TVC TC AFC |AVC ATC MC 0 $60 $0 $60 80 $60
Refer to the table below showing the short-run costs for a firm. TFC TVC TC AFC |AVC ATC MC 0 $60 $0 $60 80 $60 $20 $80 $20 2 30 30 15 45 45 105 20 15 20 35 35 5 135 195 12 39 What is the marginal cost of producing the 5th unit of output? Show all of your work and/or explain your calculation process to earn full credit.Refer to the table below showing the short-run costs for a firm. Q TFC TVC TC AFC |AVC ATC MC 0 $60 $0 $60 80 $60 $20 $80 $20 2 30 30 15 45 45 105 20 15 20 35 35 5 135 195 12 39 What is the total fixed cost of the 8th unit of output?Show all of your work and/or explain your calculation process to earn full credit
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