MUF0061 Economics Unit 1 Semester 2, 2025 Revision Quiz: Marginal Cost, Average Cost and Economies of Scale (5 10 minutes)

Refer to Table 1 below: Table 1: Production Costs of the Firm A [table] Quantity of output per hour | Total Fixed Costs per hour($) | Total Variable Costs per hour ($) | Marginal Cost per hour of the…...