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At an Output of 1,000 Units Per Year, a Firm's

Question 349

Multiple Choice

At an output of 1,000 units per year, a firm's variable costs are $5,000 and its average fixed costs are $3. Its total costs per year are

A) $10,000.
B) $8,000.
C) $6,000.
D) $5,000.

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