The following Table is for answering questions 42 to 45 below: Output 6000 TFC TVC Input 1200 TC MC 2400 6000 T 7200 W 2. Y 30

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Q: The following Table is for answering questions 42 to 45 below: Output 6000 TFC TVC Input 1200 TC MC…

A: Use below formulas to find the values: Total Cost (TC) = TFC + TVC MC = TC2 – TC1 TVC = TC - TFC

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