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  3. Study Set
    Managerial Economics Study Set 1
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    Exam 17: Divisional Performance Evaluation
  5. Question
    Refer to Figure 17
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Refer to Figure 17

Question 4

Question 4

Multiple Choice

Refer to Figure 17.1.What is the output level where the average cost is at its minimum? Refer to Figure 17.1.What is the output level where the average cost is at its minimum?   A) 6 units B) 7 units C) 8 units D) 9 units


A) 6 units
B) 7 units
C) 8 units
D) 9 units

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