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    Exam 13: The Costs of Production
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    Cindy's Car Wash Has Average Variable Costs of $2 and Average
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Cindy's Car Wash Has Average Variable Costs of $2 and Average

Question 123

Question 123

Multiple Choice

Cindy's Car Wash has average variable costs of $2 and average total costs of $3 when it produces 100 units of output (car washes) . The firm's total variable cost is


A) $100.
B) $200.
C) $300.
D) $500.

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