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Exhibit 24-8 Refer to Exhibit 24-8

Question 131

Multiple Choice

Exhibit 24-8 Exhibit 24-8 Refer to Exhibit 24-8. Assuming that total fixed costs are $80, the average variable cost of producing 2 units of output is A) $19.50. B) $155. C) $145. D) $55. E) There is not enough information given to answer this question. Refer to Exhibit 24-8. Assuming that total fixed costs are $80, the average variable cost of producing 2 units of output is


A) $19.50.
B) $155.
C) $145.
D) $55.
E) There is not enough information given to answer this question.

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