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A Firm's Average Total Cost Is $100, Its Average Variable

Question 8

Multiple Choice

A firm's average total cost is $100, its average variable cost is $90, and its total fixed cost is $1,000. Its output is

A) between 70 and 120 units.
B) between 120 and 170 units.
C) more than 170 units.
D) less than 70 units.

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