FCTCAFCAVCATCMCAB30120D80360450F60What number goes in Box marked D?O a. $70O b. $30O c.$50O d. $602. Output Total Cost$4.001$7.002$8.003$12.504$17.505$22.00$29.00The marginal cost of producing the fourth unit of output isa. $9O b. $4C.$3O d. $5

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Answered: FC vc TC AFC AVC ATC MC A B 30 1 20 D…

FC vc TC AFC AVC ATC MC A B 30 1 20 D 80 E 3 60 4 50 5 F 60 What number goes in Box marked D? Oa. $70 O b. $30 O. $50 O d. $60 2.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

FC
TC
AFC
AVC
ATC
MC
A
B
30
1
20
D
80
3
60
4
50
F
60
What number goes in Box marked D?
O a. $70
O b. $30
O c.
$50
O d. $60
2.

Output Total Cost
$4.00
1
$7.00
2
$8.00
3
$12.50
4
$17.50
5
$22.00
$29.00
The marginal cost of producing the fourth unit of output is
a. $9
O b. $4
C.
$3
O d. $5

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