Table 2: OUTPUT & COSTS (where Total Cost =TC, Total Fixed Cost =TFC, Total variable Cost =TVC, Average Fixed Cost =AFC, Average Variable Cost =AVC, Average Total Cost = ATC, and Short Run Marginal Cost = SMC).

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Table 2: OUTPUT  & COSTS (where Total Cost =TC, Total Fixed Cost =TFC, Total variable Cost =TVC, Average Fixed Cost =AFC, Average Variable Cost =AVC, Average Total Cost = ATC, and Short Run Marginal Cost = SMC).

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(Solved): Table 2: OUTPUT \& COSTS (where Total Cost =TC, Total Fixed Cost =TFC, Total variable Cost =TVC, Av ...

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