What are the various costs when output is 5 Total Output 0 1 2 3 4 5 6 Variable Fixed Cost Cost 50 60 75 100 150 225 400 O VC: 175; FC: 50; MC: 75 O VC: 100; FC: 50; MC: 50 O VC: 150; FC: 50; MC: 75 O VC: 175; FC: 50; MC: 50 Marginal Cost Cost
What are the various costs when output is 5 Total Output 0 1 2 3 4 5 6 Variable Fixed Cost Cost 50 60 75 100 150 225 400 O VC: 175; FC: 50; MC: 75 O VC: 100; FC: 50; MC: 50 O VC: 150; FC: 50; MC: 75 O VC: 175; FC: 50; MC: 50 Marginal Cost Cost
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:What are the various costs when output is 5
Total
Output
0
1
2
3
4
5
6
Variable Fixed
Cost
Cost
50
60
75
100
150
225
400
O VC: 175; FC: 50: MC: 75
O VC: 100; FC: 50; MC: 50
O VC: 150; FC: 50; MC: 75
O VC: 175; FC: 50; MC: 50
Marginal
Cost
Cost
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