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Ch. 9 Microeconomics Quiz
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1
The Sunshine Corporation finds that its costs are $40 when it produces no output. Its total variable costs (TVC) change with output as shown in the accompanying table. Use this information to answer the following question.Output TVC1 $302 503 654 855 110The marginal cost of the third unit of output is $$$$15.
0%
Q1Q3.
0%
$15
0%
0BEQ + BCDE
0%
BCDE.
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