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OpenStudy (jennychan12):
Am I doing this correctly? Fill in the table below. http://puu.sh/48hdz.png I filled it in: http://puu.sh/48hfc.png I am a bit unclear about the difference between total average cost and marginal cost.
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OpenStudy (jennychan12):
also given: each worker costs $100 and the firm has fixed costs of $200. this is the question: http://puu.sh/48nMR.png
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