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    Microeconomics Study Set 15
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    Exam 7: Technology , Production and Costs
  5. Question
    -Refer to Table 7-7
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-Refer to Table 7-7

Question 56

Question 56

Multiple Choice


-Refer to Table 7-7. What is the average total cost of production when the firm produces 120 lanterns?


A) $1680
B) $72
C) $14
D) $12.3

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