Refer to Table 13-1. What is the average total cost of producing one widget? b. $15 a. S1 c. $16 d. $22 Refer to Table 13-1. What is the marginal cost of producing the sixth widget? a. $1.00 b. $3.50 c. $5.00 d. $6.00 Refer to Table 13-1. What is the average variable cost of producing four widgets? a. $2.00 b. $2.50 c. $3.33 d. $5.00

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