Question: You have collected the following data on output and total variable costs: 10 20 30 40 60 70 80 90 100 TVC S 72

You have collected the following data on output and total variable costs:

You have collected the following data on output and total variable costs: 10 20 30 40 60 70 80 90 100 TVC S 72 800 124,400 159 600 183,200 200 ooo 214,800 232 400 257,600 295 200 350 ooo

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