Use the table below to answer the following questions. (A) What is the total cost when output is 2? (B) What is the marginal cost of the third unit? (C) How much should this firm produce if the market price is $24? Output Fixed Cost Variable Cost
1 $5 $10
2 $5 $27
3 $5 $55
4 $5 $91
5 $5 $145

Oz makes lion food out of giraffe and gazelle meat. giraffe meat has 18 grams of protein and 36 grams of fat per pound, while gazelle meat has 36 grams of protein and 18 grams of fat per pound. a batch of lion food must contain at least "46,800" grams of protein and 70,200 grams of fat. giraffe meat costs $1/pound and gazelle meat costs $2/pound. how many pounds of each should go into each batch of lion food in order to minimize costs? hint [see example 2.]