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Refer to the Following

Question 58

Multiple Choice

Refer to the following:
Refer to the following: -In the above figure, what is the AVERAGE variable cost of producing 5 units of output? A) $12 B) $20 C) $40 D) $60 E) $80
-In the above figure, what is the AVERAGE variable cost of producing 5 units of output?


A) $12
B) $20
C) $40
D) $60
E) $80

Correct Answer:

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