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    Economic Principles
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    Exam 11: The Cost of Doing Business
  5. Question
    (Figure: Costs) in the Figure, What Level of Output Has
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(Figure: Costs) in the Figure, What Level of Output Has

Question 22

Question 22

Multiple Choice

(Figure: Costs) In the figure, what level of output has the lowest AVC?
(Figure: Costs)  In the figure, what level of output has the lowest AVC?    A)  30 B)  40 C)  50 D)  60


A) 30
B) 40
C) 50
D) 60

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