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Exhibit 7-8 in Exhibit 7-8, When Output Is 10

Question 19

Multiple Choice

Exhibit 7-8 Exhibit 7-8 In Exhibit 7-8, when output is 10, A) total cost equals $80 B) fixed cost equals $10 C) variable cost equals $70 D) marginal cost equals $10 E) fixed cost equals $7 In Exhibit 7-8, when output is 10,


A) total cost equals $80
B) fixed cost equals $10
C) variable cost equals $70
D) marginal cost equals $10
E) fixed cost equals $7

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