wwwwww Number of Earrings TVC MC AVC TFC TC AFC ATC 0 1 10 2 5 15 3 55 4 10 5 90 Table 8.3 Refer to Table 8.3. From the information in the given table, the firm eventually experiences diminishing returns to its variable input. the difference between total cost and total variable cost decreases as output increases. the marginal cost curve intersects the average total cost curve between 3 and 4 units of output. the firm is in the long run.