Question: 4. Consider the table below which shows the total fixed costs (TFC) and variable costs (TVC) for producing smartphones in a small factory with a

4. Consider the table below which shows the total fixed costs (TFC) and variable costs (TVC) for producing smartphones in a small factory with a fixed amount of capital. Output per year Total Fixed Cost Total Variable Cost (000's of cat (TFC) ($000's) (TVC) ($000's) food

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