Question: Solve clearly , explanation is more important, don't copy. Exhibit 22-3 Marginal Physical Total Variable Fixed Product of Variable Total Fixed Cost Variable Marginal Input

Solve clearly, explanation is more important, don't copy.

Solve clearly, explanation is more important, don't copy. Exhibit 22-3 Marginal Physical

Exhibit 22-3 Marginal Physical Total Variable Fixed Product of Variable Total Fixed Cost Variable Marginal Input Input Output Input Cost Cost (units) (units) (units) (units) (dollars) (dollars) (dollars) 0 0 $500 10 (A) $500 $200 (E) 1 25 (B) $500 $400 (G) 3 1 45 (C) $500 $600 (H) 4 60 (D) $500 $800 (D) 70 (E) $500 $1000 Refer to Exhibit 22-3. The marginal cost figures in blanks (F) and (G), respectively, are

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