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Refer to the Following

Question 25

Multiple Choice

Refer to the following:
Refer to the following: The price of capital is $500 per unit. -When output is 10,000 units, what is long-run average cost? A) $0.20 B) $5 C) $20 D) $500 E) none of the above The price of capital is $500 per unit.
-When output is 10,000 units, what is long-run average cost?


A) $0.20
B) $5
C) $20
D) $500
E) none of the above

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