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A Certain Producer Determines That His Cost Function Is

Question 21

Multiple Choice

A certain producer determines that his cost function is A certain producer determines that his cost function is . Determine the average cost of producing 1500 units. Round answer to the nearest penny. A) $5.38 B) $6.16 C) $7.10 D) $8.27 . Determine the average cost of producing 1500 units. Round answer to the nearest penny.


A) $5.38
B) $6.16
C) $7.10
D) $8.27

Correct Answer:

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