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For the Output Levels in Table 21

Question 151

Multiple Choice

 Output (units per day)  0102030 Total cost (dollars per day)  $40$54$62$80 Table 21.2\begin{array}{l}\begin{array} { | l | r | r | r | r | } \hline \text { Output (units per day) } & 0 & 10 & 20 & 30 \\\hline \text { Total cost (dollars per day) } & \$ 40 & \$ 54 & \$ 62 & \$ 80 \\\hline\end{array}\\\text { Table } 21.2\end{array} For the output levels in Table 21.2, the minimum of the average variable cost curve occurs at a production rate of


A) Zero units per day.
B) 10 units per day.
C) 20 units per day.
D) 30 units per day.

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