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    Exam 11: Production and Cost Analysis I
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    If a Firm's Average Fixed Cost Is $4 and Its
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If a Firm's Average Fixed Cost Is $4 and Its

Question 79

Question 79

Multiple Choice

If a firm's average fixed cost is $4 and its average total cost is $6, its average variable cost is:


A) $1.
B) $2.
C) $10.
D) $20.

Correct Answer:

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