Mathematics, 06.08.2019 03:10 chocolateFudge

The information below applies to a competitive firm that sells its output for $40 per unit.
• when the firm produces and sells 150 units of output, its average total cost is $24.50.
• when the firm produces and sells 151 units of output, its average total cost is $24.55.
refer to scenario 14-4. when the firm produces 150 units of output, its total cost isa. $3,450.00.b. $3,525.75.c. $3,675.00.d. $3,850.25.

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The information below applies to a competitive firm that sells its output for $40 per unit.
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