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Suppose Guild Produces 5, 000 Guitars Per Year

Question 210

Multiple Choice

Suppose Guild produces 5, 000 guitars per year.Its average total cost is $90, and its fixed cost is $250, 000.What is its variable cost?

A) $250, 000
B) $450, 000
C) $25, 000
D) $56, 000
E) $200, 000

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