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Smart cell phones produced in an hour 0, 15, 30, 45, 60, 75, 90, 105, 120, 135 Total Cost (TC) Variable Costs (VC) $3,200, 3,525,
Smart cell phones produced in an hour 0, 15, 30, 45, 60, 75, 90, 105, 120, 135
Total Cost (TC)
Variable Costs (VC) $3,200, 3,525, 3,875, 4,250, 4,650, 5,075, 5,525, 6,725, 8,210, 9,950
a.variable costs
b. Average Variable Costs (AVC)
c.
Average Total Costs (ATC)
d.
Average Fixed Cost (AFC)
e.
Marginal Cost (MC)
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