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
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
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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