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Business, 06.05.2020 23:01 nculberson6

A firm produces 400 units of output at a total cost of $1,200. If total variable costs are $1,000, Group of answer choices average total cost is $2.50. average fixed cost is 50 cents. average variable cost is $2. average total cost is 50 cents.

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A firm produces 400 units of output at a total cost of $1,200. If total variable costs are $1,000, G...

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