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Using the data in the table below, answer the following questions: Total Product Total Variable Cost Total Cost Average Fixed Cost Average Variable Cost Average

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Using the data in the table below, answer the following questions: Total Product Total Variable Cost Total Cost Average Fixed Cost Average Variable Cost Average Total Cost Marginal Cost 0 $0 350 Number 1 175 525 350 Number 525 Number 2 275 Number 175 137.5 Number Number 3 Number 675 Number 108333333 225

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