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    Exam 11: Technology, Production, and Costs
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    Table 11-7 Table 11-7 Shows Cost Data for Lotus Lanterns
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Table 11-7 Table 11-7 Shows Cost Data for Lotus Lanterns

Question 258

Question 258

Multiple Choice

Table 11-7
Table 11-7    Table 11-7 shows cost data for Lotus Lanterns, a producer of whimsical night lights. -Refer to Table 11-7. What is the average total cost of production when the firm produces 120 lanterns? A)  $1,680 B)  $72 C)  $14 D)  $12.30 Table 11-7 shows cost data for Lotus Lanterns, a producer of whimsical night lights.
-Refer to Table 11-7. What is the average total cost of production when the firm produces 120 lanterns?


A) $1,680
B) $72
C) $14
D) $12.30

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