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-Given the Information in the Table Above, Suppose Labor Is

Question 9

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-Given the information in the table above, suppose labor is the only variable input. The price of labor is $400 per week and total fixed costs are $1,000 per week. If the firm wants to minimize its average total cost, it should produce A) 100 units. B) 140 units. C) 170 units. D) 190 units.
-Given the information in the table above, suppose labor is the only variable input. The price of labor is $400 per week and total fixed costs are $1,000 per week. If the firm wants to minimize its average total cost, it should produce


A) 100 units.
B) 140 units.
C) 170 units.
D) 190 units.

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