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.
-When Greene Enterprises produces 6,000 units, average variable cost (AVC) is $_________.
A) $40
B) $49.62
C) $55
D) $60
E) $72.46
Correct Answer:

Verified
Correct Answer:
Verified
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