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The Following Data Show the Total Output for a Firm

Question 76

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The following data show the total output for a firm when different amounts of labour are combined with a fixed amount of capital.Assume that the wage per unit of labour is $10 and the cost of the capital is $50.
The following data show the total output for a firm when different amounts of labour are combined with a fixed amount of capital.Assume that the wage per unit of labour is $10 and the cost of the capital is $50.    TABLE 7-3 -Refer to Table 7-3.The average total cost when this firm is producing 10 units of output is A) 60 cents. B) $1. C) $6. D) $10. E) $60. TABLE 7-3
-Refer to Table 7-3.The average total cost when this firm is producing 10 units of output is


A) 60 cents.
B) $1.
C) $6.
D) $10.
E) $60.

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