Use the information in the graph to the right to find the values for the following at an output level of 65. The marginal cost is $. (Enter a numeric response using an integer.) The total cost is $ The variable cost is $ The fixed cost is $
Use the information in the graph to the right to find the values for the following at an output level of 65. The marginal cost is $. (Enter a numeric response using an integer.) The total cost is $ The variable cost is $ The fixed cost is $
Chapter6: Proudction Costs
Section: Chapter Questions
Problem 6SQP
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Transcribed Image Text:100-
60
50
42
65
Quantity of output
MC
ATC
AVC
Transcribed Image Text:Use the information in the graph to the right to find the values for the following at an output level of 65.
The marginal cost is $. (Enter a numeric response using an integer.)
The total cost is $
The variable cost is $
The fixed cost is $
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