Use the information in the graph to the right to find the values for the following at an output level of 50. The marginal cost is $ (Enter a numeric response using an integer.) The total cost is $ The variable cost is $ The fixed cost is Cost 100- MC 56 45 38 0- 0 50 Quantity of output

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Chapter1: Making Economics Decisions
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Use the information in the graph to the right to find the
values for the following at an output level of 50.
100-
The marginal cost is $
(Enter a numeric response
using an integer.)
The total cost is $
The variable cost is $
The fixed cost is
C
Cost
56
45
38
0-
0
50
Quantity of output
MC
Transcribed Image Text:Use the information in the graph to the right to find the values for the following at an output level of 50. 100- The marginal cost is $ (Enter a numeric response using an integer.) The total cost is $ The variable cost is $ The fixed cost is C Cost 56 45 38 0- 0 50 Quantity of output MC
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