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Assume that for 10 bicycles, the total fixed cost is $100 and the total variable cost is $200. Then the average fixed cost and the

Assume that for 10 bicycles, the total fixed cost is $100 and the total variable cost is $200. Then the average fixed cost and the average variable cost are:

a. $10 and $5 respectively. b. $5 and $15 respectively. c. $15 and $10 respectively. d. $10 and 20 respectively. e. $5 and $10 respectively.

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