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The table below represents the costs of producing sneakers. Quantity Fixed Cost Variable Cost Total Cost Average Fixed Cost Average Variable Cost Average Total Cost
The table below represents the costs of producing sneakers. Quantity Fixed Cost Variable Cost Total Cost Average Fixed Cost Average Variable Cost Average Total Cost 8 $117 $10 $127 ? ? ? 16 $117 $60 $177 ? 24 $117 $110 $227 ? ? 32 $117 $160 $277 40 $117 $210 $327 "J Find the average total cost for producing 32 sneakers. Round your answer to the nearest cent. Provide your answer below:The table shows the demand schedule for a product produced by a monopolist. What is the marginal revenue of the 1 Ida unit? Demand Schedule Provide your answer below: MR = $|:| The production function expressed in the table below represents the number of tacos that can be made at a taco truck in a given day based on the number of workers. Calculate the marginal product of adding the 2nd worker. # of Workers 12 3 4 5 # of Tacos Produced 125 265 420 560 620 Provide your answer below: tacos
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