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A Factory Produces 1,000 Radios a Year, AVC = $10

Question 135

Multiple Choice

A factory produces 1,000 radios a year, AVC = $10 and TFC = $5,000.The factory's TC

A) equals $15.
B) equals $5,005.
C) equals $15,000.
D) cannot be determined from the information given.

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