Multiple Choice
The Sunshine Corporation finds that its costs are $40 when it produces no output. Its total variable costs (TVC) change with output as shown in the accompanying table. Use this information to answer the following question. The average total cost of 3 units of output is
A) $65.
B) $21.67.
C) $40.
D) $35.
Correct Answer:

Verified
Correct Answer:
Verified
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