QUESTION 2 2
Study the table below and answer the questions that follow
Output units Total costs Average costs Marginal costs
(TC)
(ATC)
(MC)
10
0
20
1
20
10
28
2.
8
14
3
34
11.3
6
4
38
9.5
42
8.4
5
6
6
48
8
7
56
16
9
72
8
2.1
Identify the value of the fixed costs.​