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    Microeconomics Study Set 45
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    Exam 9: Businesses and the Costs of Production
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    Answer the Question on the Basis of the Following Cost
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Answer the Question on the Basis of the Following Cost

Question 210

Question 210

Multiple Choice

Answer the question on the basis of the following cost data. Answer the question on the basis of the following cost data.   The total variable cost of producing 3 units of output is A) $8. B) $24. C) $16. D) $12. The total variable cost of producing 3 units of output is


A) $8.
B) $24.
C) $16.
D) $12.

Correct Answer:

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