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Question 1

The table below shows data for Pineapples for an individual firm.

Quantity of PineapplesFixed CostsVariable Costs
12078
220168
320270
420384
520510
620648
720798
820960

Given this data, what are total costs when quantity is 6?

 

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Question 2

Given this data, what are average total costs when quantity is 6?

 

 

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Question 3

Given this data, what are average fixed costs when quantity is 6?

 

 

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Question 4

Given this data, what are average variable costs when quantity is 6?

 

 

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Question 5

Given this data, what are marginal costs when quantity increases from 5 by one unit?

 

 

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