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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 208

Question 208

Multiple Choice

Exhibit 21-3
​
Exhibit 21-3 ​    -Refer to Exhibit 21-3. The average variable cost of producing 45 units of output is A) $1.33. B) $1.60. C) $2.00. D) $2.44. E) $13.33.
-Refer to Exhibit 21-3. The average variable cost of producing 45 units of output is


A) $1.33.
B) $1.60.
C) $2.00.
D) $2.44.
E) $13.33.

Correct Answer:

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