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QUESTION 18 Use the data in the following table to answer the question. Output Total cost (Units) (R) 100 1 110 130 166 4 220 300 The average variable cost of the second unit is QUESTION 19 Use the data in the following table to answer the question. Output Total cost (Units) (R) 100 110 130 166 4 220 300 The average total cost of the second unit is QUESTION 20 Fill in the missing values for a, b and c. Units of labour Total product Average product Marginal product (TP) (AP) (MP) 1 a. Answer 18 b. Answer!

QUESTION 18 Use the data in the following table to answer the question. Output Total cost (Units) (R) 100 1 110 130 166 4 220 300 The average variable cost of the second unit is QUESTION 19 Use the data in the following table to answer the question. Output Total cost (Units) (R) 100 110 130 166 4 220 300 The average total cost of the second unit is QUESTION 20 Fill in the missing values for a, b and c. Units of labour Total product Average product Marginal product (TP) (AP) (MP) 1 a. Answer 18 b. Answer!

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Please assist on answering the questions below (microeconomics)
QUESTION 18 Use the data in the following table to answer the question. Output Total cost (Units) (R) 100 1 110 2 130 166 4 220 300 The average varlable cost of the second unit is QUESTION 19 Use the data in the following table to answer the question. Output Total cost (Units) (R) 100 110 130 3 166 4 220 300 The average total cost of the second unit is QUESTION 20 Fill in the missing values for a, b and c. Units of labour Total product Average product Marginal product (TP) (AP) (MP) a. Answer 18 b. Answerl 3 8 4 C. Answer
Transcribed Image Text:QUESTION 18 Use the data in the following table to answer the question. Output Total cost (Units) (R) 100 1 110 2 130 166 4 220 300 The average varlable cost of the second unit is QUESTION 19 Use the data in the following table to answer the question. Output Total cost (Units) (R) 100 110 130 3 166 4 220 300 The average total cost of the second unit is QUESTION 20 Fill in the missing values for a, b and c. Units of labour Total product Average product Marginal product (TP) (AP) (MP) a. Answer 18 b. Answerl 3 8 4 C. Answer
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