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Business, 01.09.2019 14:00 kirathadoll

Suppose that for a particular firm the only variable input into the production process is labor and that outputequals zero when no workers are hired. in addition, suppose that the average total cost when 5 units of outputare produced is $30, and the marginal cost of the sixth unit of output is $60. what is the average total cost when six units are produced?

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Suppose that for a particular firm the only variable input into the production process is labor and...
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