6. The total cost equation for producing X widgets is given by TC 5 $1,000 1 $6X....
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6. The total cost equation for producing X widgets is given by TC 5 $1,000 1
$6X. The average cost per widget for producing 500 widgets is closest to which of the following?
a. $1,000
c. $8
b. $6
d. $4,000
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Related Book For
Fundamentals Of Engineering Economic Analysis
ISBN: 9781118414705
1st Edition
Authors: John A. White, Kellie S. Grasman, Kenneth E. Case, Kim LaScola Needy, David B. Pratt
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