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At the high point of the relevant range, labour-hours were 14578 and wages were $23773. At the low point of the relevant range, labour-hours were

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At the high point of the relevant range, labour-hours were 14578 and wages were $23773. At the low point of the relevant range, labour-hours were 6561 and wages were $16378. What is the fixed cost element, assuming a linear cost function? Note that it is possible for the fixed cost element to be negative. Select one: 5163 13447 10326 7395

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