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    Microeconomics Study Set 44
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    Exam 11: Behind the Supply Curve: Inputs and Costs
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    Use the Following to Answer Questions
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Use the Following to Answer Questions

Question 221

Question 221

Multiple Choice

Use the following to answer questions: Use the following to answer questions:   -(Table: Costs of Producing Bagels)  Look at the table Cost of Producing Bagels. Average total cost reaches its minimum value for the _____ bagel. A)  first B)  third C)  fourth D)  fifth
-(Table: Costs of Producing Bagels) Look at the table Cost of Producing Bagels. Average total cost reaches its minimum value for the _____ bagel.


A) first
B) third
C) fourth
D) fifth

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