Question: Refer to the table below. Quantity Variable Fixed Total Average Marginal Average Total Marginal Costs Cost Costs Costs Variable Costs Revenue Costs (in dollars (in

Refer to the table below.

Quantity Variable Fixed Total Average Marginal Average Total Marginal Costs Cost Costs Costs Variable Costs Revenue Costs (in dollars (in dollars per unit) (in dollars) (in dollars) (in dollars) (in dollars per (in dollars per unit) unit) per unit) 0 50 50 15 50 65 15 15 65 15 2 35 50 85 17.5 15 42.5 20 3 60 50 110 20 15 36.6 25 4 90 50 140 22.5 15 35 30 5 125 50 175 25 15 35 35 6 160 50 210 26.6 15 35 35

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