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Assume that in the short run a firm is producing 800 units of output, has average total costs of $150, and has average variable costs
Assume that in the short run a firm is producing 800 units of output, has average total costs of $150, and has average variable costs of $100. The firm'stotal variablecosts are.
Multiple Choice
- $80,000.
- $48,000.
- $50.
- $40,000.
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Economics Today
Authors: Roger LeRoy Miller
16th edition
132554615, 978-0132554619
