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You are assigned the task of computing the variable capital and labor costs for Cost Cutters production level. Below is a table with the capital and labor requirements for ten different levels of production.
Production Level
Capital
VC$12
Labor
VC$6
TVC
MC
AVC
0
1
3
6
2
10
9
13
4
12
16
5
15
20
18
25
7
21
31
8
24
38
27
46
30
55
Complete the table and answer the following:
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