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Table showing Total Cost and Quantity of Output Quantity of Total Average Total Marginal Cost Output Cost Cost $100 1 $120 $135 3 $145 4 $160 5 $180 $205 $240 8 $285 $350 10 $440

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Table showing Total Cost and Quantity of Output
Quantity of
Total
Average Total
Marginal Cost
Output
Cost
Cost
$100
1
$120
2
$135
3
$145
4
$160
5
$180
6
$205
7
$240
8
$285
$350
|10
$440

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