Question: un Average Fixed Average Variable Average Total Total Product Cost Cost Cost Marginal Cost 1 $150.00 $25.00 $175.00 $ 25.00 2 75.00 23.00 98.00 21.00

un Average Fixed Average Variable Average Total

un Average Fixed Average Variable Average Total Total Product Cost Cost Cost Marginal Cost 1 $150.00 $25.00 $175.00 $ 25.00 2 75.00 23.00 98.00 21.00 3 50.00 20.00 70.00 14.00 37.500 21.00 58.50 24.00 5 30.00 23.00 53.001 31.00 6 25.00 25.00 50.00 35.00 21.43 28.00 49.431 46.01 8 18.75 33.00 51.761 68.07 9 16.67 39.00 55.67 86.951 10 15.00 48.00 63.00 128.971 The accompanying table gives cost data for a firm that is selling in a purely competitive market. We can infer that, at zero output, this firm's total fixed, total variable, and total costs are $150, 525, and $175, respectively. zero, $25, and $175, respectively. $150, zero, and $150, respectively. zero, zero, and zero, respectively

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