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Answer the Question on the Basis of the Following Cost

question 39

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Answer the question on the basis of the following cost data.  Output  Average Fixed Cost  Average Variable Cost 1$50.00$100.00225.0080.00316.6766.67412.5065.00510.0068.0068.3773.3377.1480.0086.2587.50\begin{array} { | c | c | c | } \hline \text { Output } & \text { Average Fixed Cost } & \text { Average Variable Cost } \\\hline 1 & \$ 50.00 & \$ 100.00 \\\hline 2 & 25.00 & 80.00 \\\hline 3 & 16.67 & 66.67 \\\hline 4 & 12.50 & 65.00 \\\hline 5 & 10.00 & 68.00 \\\hline 6 & 8.37 & 73.33 \\\hline 7 & 7.14 & 80.00 \\\hline 8 & 6.25 & 87.50 \\\hline\end{array} The marginal cost of the fifth unit of output is

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Definitions:

Trial and Error

A problem-solving method that involves attempting different solutions and eliminating those that do not work, to find the one that does.

Darwin

A naturalist known for his theory of evolution through natural selection.

Eibl-Eibesfeldt

Refers to Irenäus Eibl-Eibesfeldt, an ethologist known for his work in human behavior and evolutionary biology.

Human Facial Expressions

The visible changes in the face that convey an individual's emotional state, intentions, or social communication.

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