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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 252

Question 252

Multiple Choice


-Refer to Table 7-7. What is the average variable cost per unit of production when the firm produces 90 lanterns?


A) $490
B) $33.67
C) $7.67
D) $5.44

Correct Answer:

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