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Table 13-14 Quantity of Output Fixed Cost Variable Cost Total Cost Average Fixed Cost Average Variable Cost Average Total Cost Marginal Cost 1 $23 $33

Table 13-14 Quantity of Output Fixed Cost Variable Cost Total Cost Average Fixed Cost Average Variable Cost Average Total Cost Marginal Cost 1 $23 $33 2 $38 3 $60 4 $54 5 $80 6 $88 7 $113 8 $155 Refer to Table 13-14. What is the variable cost of producing 5 units of output

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