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

Question 63

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 average total cost is $6,what is total variable cost?


A) $100
B) $1,000
C) $5,000
D) $6,000

Correct Answer:

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