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    Microeconomics Study Set 46
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    Exam 7: Costs
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    Suppose That Bella's Bagels Has a Total Cost Function Given
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Suppose That Bella's Bagels Has a Total Cost Function Given

Question 118

Question 118

Multiple Choice

Suppose that Bella's Bagels has a total cost function given by Suppose that Bella's Bagels has a total cost function given by   The quantity that minimizes average variable costs for Bella's Bagels is ____. A)  1 B)  0.75 C)  0.5 D)  0.25 The quantity that minimizes average variable costs for Bella's Bagels is ____.


A) 1
B) 0.75
C) 0.5
D) 0.25

Correct Answer:

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