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If You Know That with 8 Units of Output, Average

Question 14

Multiple Choice

If you know that with 8 units of output, average fixed cost is Rs. 12.50 and average variable cost is Rs. 81.25, then total cost at this output level is:


A) Rs. 93.75.
B) Rs. 97.78.
C) Rs. 750.
D) Rs. 880.

Correct Answer:

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