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    Exam 11: Output and Costs
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    Decent Donuts -Use the Data in the Table Above and Suppose That
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Decent Donuts -Use the Data in the Table Above and Suppose That

Question 389

Question 389

Multiple Choice

Decent Donuts
Decent Donuts    -Use the data in the table above and suppose that labor is the only variable factor of production. When 122 dozen donuts are produced at Decent Donuts, the AVC curve A)  has a negative slope. B)  has a positive slope. C)  is at its minimum point. D)  is at its maximum point.
-Use the data in the table above and suppose that labor is the only variable factor of production. When 122 dozen donuts are produced at Decent Donuts, the AVC curve


A) has a negative slope.
B) has a positive slope.
C) is at its minimum point.
D) is at its maximum point.

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