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If Total Fixed Costs Are $1,000,variable Costs Are Constant at $5.00

Question 42

Multiple Choice

If total fixed costs are $1,000,variable costs are constant at $5.00 per unit over the relevant range of output and the average total cost is $6,how many units are being produced?


A) 10
B) 100
C) 1,000
D) 1,100

Correct Answer:

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