14. If at the current level of output of 200 units, average variable cost is $10 per...

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14. If at the current level of output of 200 units, average variable cost is $10 per unit and average total cost is

$15 per unit, then

a. total fixed cost is equal to $1,000.

b. total fixed cost is equal to $2,000.

c. total fixed cost is equal to $3,000.

d. marginal cost is equal to $5.

e. marginal cost is equal to $25.

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Krugmans Economics For AP

ISBN: 9781464122187

2nd Edition

Authors: Margaret Ray, David Anderson

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Question Posted: Oct 03, 2024 06:02 AM

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14. If at the current level of output of 200 units, average variable cost is $10 per...

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Krugmans Economics For AP

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