Calculate the Total Variable Cost, Average Fixed Cost, Average Variable Cost, Average total Cost and Marginal Cost in the table given below (All Costs are given in USD).
Labor (No of workers)Output (Number of units)Total Fixed CostTotal Variable CostTotal CostAverage Fixed CostAverage Variable CostAverage total CostMC
001500
11150100
2515025
3815037.5
41015055
511150650
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