Multiple Choice
-The table above gives a firm's total product schedule. Suppose labour is the only variable factor of production. The price of labour is $500 per worker per week and total fixed costs are $600 per week. If 95 units are produced, the average total cost is
A) $6.31.
B) $26.32.
C) $17.45.
D) $32.63.
Correct Answer:

Verified
Correct Answer:
Verified
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