Use the cost table below to find the following marginal costs. Output quantity Total variable cost Total fixed cost Total cost 20 80 60 140 40 140 60 200 60 210 60 270 80 300 60 360 100 420 60 480 120 600 60 660 140 840 60 900 What is the marginal cost when output is 60? $ What is the marginal cost when output is 100? $ What is the marginal cost when output is 140? $

Use the cost table below to find the following marginal costs. Output quantity Total variable cost Total fixed cost Total cost 20 80 60 140 40 140 60 200 60 210 60 270 80 300 60 360 100 420 60 480 120 600 60 660 140 840 60 900 What is the marginal cost when output is 60? $ What is the marginal cost when output is 100? $ What is the marginal cost when output is 140? $

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter12: The Cost Of Production

Section: Chapter Questions

Problem 3CQQ

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Output quantity	Total variable cost	Total fixed cost	Total cost
20	80	60	140
40	140	60	200
60	210	60	270
80	300	60	360
100	420	60	480
120	600	60	660
140	840	60	900

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