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Suppose that when there are three workers in the firm, the marginal cost is $40 and the average total cost is $50. What is the
Suppose that when there are three workers in the firm, the marginal cost is $40 and the average total cost is $50. What is the total cost of production when three workers are hired?
Select one:
a. $ 90
b. None
c. $ 150
d. $ 120
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