Practice Problem Answers

Rubber Boats per Week Fixed Cost Variable Cost Total Cost Average Fixed Cost Average variable Cost Marginal Cost 1 1 2 2 3 5 4 7 5 11 6 14 7 16 8 17 9 18 10 18 Calculate the firm’s average fixed cost, average variable cost, and marginal cost. PLOT THESE ON ANOTHER GRAPH. d. ................
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