Use the "Supply and Production Costs," worksheet and the economic concepts discussed in Chapters 6 and 7 of Economics of Health and Medical Care to answer the following questions. You will use the tab
Supply and Production Costs
Given the following data, calculate the total fixed total variable and marginal costs at each level of production.
| Quantity | Total Cost | Total Fixed Cost | Total Variable Cost | Average Total Cost | Marginal Cost |
| $100 | |||||
| $20 | |||||
| $30 | |||||
| $100 | |||||
| $75 |
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