Essay
Use the following to answer question:
-(Table: Marie's Textbook Company) Look at the table Marie's Textbook Company. Marie has fixed costs of $500 per month and hires workers for $2,000 each per month. With as much precision as possible, calculate the following:
A) total cost of production when four workers are employed
B) the output level that produces the lowest average total cost
C) the price that Marie must charge to break even on the production of 130 textbooks
Correct Answer:

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