Question: a. Complete the following cost schedule by computing marginal cost, average fixed cost, average variable cost, and average total cost Instructions: Round your responses to

a. Complete the following cost schedule by computing marginal cost, average fixed cost, average variable cost, and average total cost Instructions: Round your responses to the nearest whole number. Rate of Total Cost Marginal Cost Average Average Average Total Output Fixed Cost Variable Cost Cost $500 650 150 650 900 250 $ 450 1,200 $ 300 $ 400 1,650 $ 450 412 2,100 $ 450 420 b. At what output rate is average total cost minimized? units Prey. 1 of 6 Next &gt

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