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Q. Use the following table to answer questions a-c.
Output (Q):0 1 2 3 4 5 6Total Cost(TC):$36 $45 $52 $61 $74 $91 $110
a. What is the average fixed cost of producing 4 units of output?b. What is the marginal cost of producing the third unit of output?c. At what level of output does the firm encounter diminishing marginal returns? How do you know?
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A 15 year bond having a face value of $5000 and a coupon rate of 6 percent per 6 months payable semiannually was purchased for $7000 8 years ago, and the 16th interest payment was just made. What can it be sold for now if a buyer's desired return..
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The aggregate marginal cost function for the other manufacturers of polyglot. Illustrate what is the total market Demand for polyglot at the price established by Alchem in Part
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