Multiple Choice
Refer to Greene Enterprises, Inc., whose manager recently estimated its average variable cost (AVC) function to be
Greene Enterprises faces total fixed costs (TFC) of $300,000.
-At Greene Enterprises, average variable cost (AVC) reaches its minimum value at $________.
A) $28.00
B) $31.67
C) $39.64
D) $43.33
E) $82.00
Correct Answer:

Verified
Correct Answer:
Verified
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