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Use the Following to Answer Question(s): Short-Run Costs

Question 123

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Use the following to answer question(s) : Short-Run Costs
Use the following to answer question(s) : Short-Run Costs    -(Exhibit: Short-Run Costs)  At 7 units of output, average fixed cost is approximately _______ , and average variable cost is approximately _______ . A)  $100; $100 B)  $10; $135 C)  $40; $ 100 D)  $140; $140
-(Exhibit: Short-Run Costs) At 7 units of output, average fixed cost is approximately _______ , and average variable cost is approximately _______ .


A) $100; $100
B) $10; $135
C) $40; $ 100
D) $140; $140

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