From the table below:​ -Calculate (1) total cost, ​ - Draw total cost curv   Total Cost​ Total Variable Cost​ Fixed​ Cost​ Output​ TC​ TVC​ TFC​ Q​ ​ 0​ OR 60​ 0​ ​ 65​      60​ 1​ ​ 84​       60​ 2​ ​ 96​       60​ 3​ ​ 116​      60​ 4​ ​ 140​      60​ 5​ ​ 180​      60​ 6​ ​ 224​     60​ 7​ ​ 280​      60​ 8

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A: Cost is the money that is used to produce goods and services.

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A: We know that ,  TC=TFC+TVC AVC=TVC/TP AFC=TFC/TP AC=TC/TP

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