Matt's birdhouse factory rents equipment for constructing birdhouses and hires students. Matt pays $120 a day for equipment and $160 a day to each student he hires. The two left columns of the table show Matt's total product schedule. Calculate Matt's average fixed cost, average variable cost, average total cost, and marginal cost and complete the table. >>> Answer to 2 decimal places Total Average Average Average Labor product fixed variable total Marginal cost cost cost cost (workers (houses per day) per day) (dollars per house) 1 40 2 3 84 132

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