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Answer the Question on the Basis of the Following Cost

Question 368

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 average variable cost of producing 3 units of output is A) $8. B) $24. C) $16. D) $12. The average variable cost of producing 3 units of output is


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

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