Question: Figure the Total Cost (TC) for these 2 input/output combinations. Write your answer down somewhere, you'll need your total cost values to figure the next

Figure the Total Cost (TC) for these 2 input/output combinations. Write

Figure the Total Cost (TC) for these 2 input/output combinations. Write your answer down somewhere, you'll need your total cost values to figure the next column. Input (Labor) Output TFC TVC TC MC ATC AVC A 4 50 $125 $15 6 85 $125 $30 O A-$110B-$95 O A-$125 8-$125 O A-$500 B-$131 O A $140 B-$155 Using the Total Cost that you figured, calculate the Marginal Cost of moving from 50 output units to 85 output units. Input (Labor) Output TFC TVC TC MC ATC AVC A 50 $125 $15 6 85 $125 $30 O MC-0.43 O MC-0.32 O MC-0.57 O MC-0.75

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