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The Following Data Show the Total Output for a Firm

Question 31

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The following data show the total output for a firm when different amounts of labour are combined with a fixed amount of capital.Assume that the wage per unit of labour is $10 and the cost of the capital is $50.
The following data show the total output for a firm when different amounts of labour are combined with a fixed amount of capital.Assume that the wage per unit of labour is $10 and the cost of the capital is $50.    TABLE 7-3 -Refer to Table 7-3.The average variable cost when this firm is producing 90 units of output is A) 17 cents. B) 33 cents. C) 68 cents. D) 89 cents. E) 98 cents. TABLE 7-3
-Refer to Table 7-3.The average variable cost when this firm is producing 90 units of output is


A) 17 cents.
B) 33 cents.
C) 68 cents.
D) 89 cents.
E) 98 cents.

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