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If the Firm Produces 200,000 Toothbrushes, Its Total Cost Is

Question 22

Multiple Choice

If the firm produces 200,000 toothbrushes, its total cost is 300,00 and total variable cost is 200,000, what is the average fixed cost?


A) $0.50 per unit
B) $1.00 per unit
C) $1.50 per unit
D) $2.00 per unit

Correct Answer:

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