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  3. Study Set
    International Economics Study Set 10
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    Exam 6: Increasing Returns to Scale and Monopolistic Competition
  5. Question
    If a Firm Has a Total Fixed Cost of $75
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If a Firm Has a Total Fixed Cost of $75

Question 22

Question 22

Multiple Choice

If a firm has a total fixed cost of $75 and an average variable
Cost of $35 for producing 10 units of output, the average total
Cost would be:


A) $425.
B) $42.50.
C) $110.
D) $350.

Correct Answer:

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