Question: Based on the table below, what does total cost equal at an output level of 3 units? Output Total Fixed Cost Total Variable Cost Total

Based on the table below, what does total cost equal at an output level of 3 units? Output Total Fixed Cost Total Variable Cost Total Cost Average Fixed Cost Average Variable Cost Average Total Cost Marginal Cost 0 50 --- --- --- --- 1 50 2 140 3 120 4 190 5 170 6 260 7 260 8 370 Question 35 options: 120 140 170 190 250

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