Question: Fill in the blanks in the table below for the following short run costs. The data were derived from cost minimization given a production function

Fill in the blanks in the table below for the following short run costs. The data were derived from cost minimization given a production function of the form q = La Kb. Output (q): (0,1,2,3,4,5,6,7,) total cost: (50,70,100,120, 135,150,160,165) calculate Marginal cost, total fixed cost, total variable cost, average fixed cost, average variable cost

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