QUESTION 2 2 Study the table below and answer the questions that follow
Output units Total costs Average costs Marginal costs
(TC)
(ATC)
(MC)
10
0
20
1
20
10
28
2.
8
14
3
34
11.3
6
4
38
9.5
42
8.4
5
6
6
48
8
7
56
16
9
72
8
2.1
Identify the value of the fixed costs.​

In a market economy, what does a producer mean when it asks, "is there a market for my products? is there a place where we can sell our products? " "ls our product being made more cheaply overseas? " will consumers need and want to buy our products? " will the government support demand for our products? "

Which of the following statements about imprisonment rates in the united states is true? the united states imprisons people at a higher rate than russia, mexico, or canada. the united states imprisons people at a lower rate than russia or south africa, but higher than israel. the united states imprisons people at a lower rate than russia, mexico, or canada. russia, south africa, and mexico each imprison more people than the united states.

What agreement did britain and the united states make in the treaty of 1818