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17.71 points In the table below, compute average fixed cost, average variable cost, and average total cost for all rates of output and answer questions
17.71 points In the table below, compute average fixed cost, average variable cost, and average total cost for all rates of output and answer questions about average costs. a. Compute average fixed costs, average variable costs, and average total cost for all rates of output. eBook Instructions: Round your responses to two decimal places. Rate of Average Variable Average Print Output Fixed Costs Variable Average Fixed Cost Costs Total Cost Cost Total Cost 0 $140 $0 $140 10 140 80 References 220 15 140 115 255 20 140 130 270 30 140 220 360 40 140 310 450 50 140 420 560 51 140 600 740 Instructions: Enter your responses as a whole number. b. At what rate of output is i. average fixed cost the lowest? units ii. average variable cost the lowest? units Mc
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