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Assume that the most efficient production technology available for making vitamin pills has the cost structure given in the following table. Note that output is
Assume that the most efficient production technology available for making vitamin pills has the cost structure given in the following table. Note that output is measured as the number of bottles of vitamins produced per day and that costs include a normal prot a. What is ATC per unit for each level of output listed in the table? Instructions: Round your answers to 2 decimal places. 25,100 101,000 50,100 151,000 1.01 75,100 188,500 2.51 100,100 276,500
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