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Use the Table Below to Answer the Following Questions

Question 17

Multiple Choice

Use the table below to answer the following questions.
Table 12.2.3
Use the table below to answer the following questions. Table 12.2.3 -Refer to Table 12.2.3, which gives the total cost schedule for Brenda's Balloon Shop, a perfectly competitive firm. The average fixed cost of producing the 4th balloon is A) $4.30. B) $4.80. C) $4.70. D) $4.50. E) $1.00.
-Refer to Table 12.2.3, which gives the total cost schedule for Brenda's Balloon Shop, a perfectly competitive firm. The average fixed cost of producing the 4th balloon is


A) $4.30.
B) $4.80.
C) $4.70.
D) $4.50.
E) $1.00.

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