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    Exam 7: Production and Cost in the Firm
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    If Total Cost at Quantity = 0 Is $100 and Total
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If Total Cost at Quantity = 0 Is $100 and Total

Question 48

Question 48

Multiple Choice

If total cost at quantity = 0 is $100 and total cost at quantity = 10 is $500,then average variable cost at quantity = 10 is _____


A) $500.
B) $400.
C) $50.
D) $40.
E) $10.

Correct Answer:

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