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    Economics Study Set 10
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    Exam 21: Production and Costs
  5. Question
    Exhibit 21-3 ​
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Exhibit 21-3 ​

Question 119

Question 119

Multiple Choice

Exhibit 21-3
​
Exhibit 21-3 ​    -Refer to Exhibit 21-3. The average fixed cost of producing 10 units of output is A) $50.00. B) $10.00. C) $2.50. D) $1.00. E) $500.00.
-Refer to Exhibit 21-3. The average fixed cost of producing 10 units of output is


A) $50.00.
B) $10.00.
C) $2.50.
D) $1.00.
E) $500.00.

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