Use the information in the graph to the right to find the values for the following at an output level of 45. The marginal cost is $☐ (Enter a numeric response using an integer.) 100- MC 58 45 33 45 Quantity of output ATC AVC

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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The marginal cost is $(Enter a numeric response using an integer.)
Use the information in the graph to the right to find the values for the following at an output level of
45.
Q
100-
MC
Cost
58
45
33
0+
45
Quantity of output
G
ATC
AVC
Transcribed Image Text:The marginal cost is $(Enter a numeric response using an integer.) Use the information in the graph to the right to find the values for the following at an output level of 45. Q 100- MC Cost 58 45 33 0+ 45 Quantity of output G ATC AVC
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