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  3. Study Set
    Microeconomics Study Set 15
  4. Exam
    Exam 7: Technology , Production and Costs
  5. Question
    -Refer to Figure 7-7
Solved

-Refer to Figure 7-7

Question 222

Question 222

Multiple Choice

  -Refer to Figure 7-7. When the output level is 100 units, average fixed cost is A)  $10. B)  $8. C)  $5. D)  This cannot be determined from the diagram.
-Refer to Figure 7-7. When the output level is 100 units, average fixed cost is


A) $10.
B) $8.
C) $5.
D) This cannot be determined from the diagram.

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