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Question 338

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Use the following to answer questions:
Figure: Short-Run Costs Use the following to answer questions: Figure: Short-Run Costs -(Figure: Short-Run Costs) Look at the figure Short-Run Costs. At 7 units of output, average fixed cost is approximately _____, and average variable cost is approximately _____. A) $100; $100 B) $10; $135 C) $40; $100 D) $140; $140
-(Figure: Short-Run Costs) Look at the figure Short-Run Costs. At 7 units of output, average fixed cost is approximately _____, and average variable cost is approximately _____.


A) $100; $100
B) $10; $135
C) $40; $100
D) $140; $140

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