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Suppose that a company has a fixed cost to produce of $50. Its variable cost is $25 per worker. The following table summarizes the firm's

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Suppose that a company has a fixed cost to produce of $50. Its variable cost is $25 per worker. The following table summarizes the firm's production and costs. Fill in the column for marginal cost. Average Average Total Fixed Variable Total Fixed Variable Workers Product Cost Cost Cost Cost Cost Average Total Cost Marginal Cost 0 50 0 50 1 12 50 25 75 4.17 2.08 6.25 2.08 2 25 50 50 100 2.00 2.00 4.00 3 39 50 75 125 1.28 1.92 3.21 1.98 4 48 50 100 150 1.04 2.80 3.13 2.09 5 50 SO 125 175 1.00 2.50 3.50 2.5 6 51 50 150 0.98 2.94 3.92 2.94 200

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