Question: Given the following table: OUTPUT 0 1 2 3 TOTAL COST 25 34 42 40 55 4 6 70 Part 1 The TVC of producing

Given the following table: OUTPUT 0 1 2 3 TOTAL COST 25 34 42 40 55 4 6 70 Part 1 The TVC of producing 4 units of output is Number Part 2 The AFC of producing units of output: Number Part 3 The marginal cost of producing the fifth unit of output is: Number Part 4 The ATC of producing 5 units of output is Number

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