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Question: economics complete table above please fill in and explain...

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Economics - complete table above

please fill in and explain how you found this. Quite confused...'

and if you want you can answer the other two... +2 karma

output Total Fixed Variable Marginal Average Average Average (Q) Cost Cost Cost Cost Total Fixed Variable VC) MC) Cost Cost Cost TC FC ATC SAFC) (S AVC 54 20 62 9. Complete the table above. 10. It the marginal physical product (MPP) is falling, then the a. Marginal cost of each unit of output is falling. WPO Ca b, Marginal cost of each unit of output is rising, a. Total cost of each unit ot output is talling. d Total cost of each unit of output is rising. 11. The marginal physical product is the b Change in total input required to produce one additional unit of input. in total output associated one additional unit of the variable Number of units of output obtained from all input d Additional cost of an additional unit of output

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