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Consider the following graph: 20 18 16 14 12 Price 10 6 .. ... 2 . . .. ... 6 8 10 12 14 16
Consider the following graph: 20 18 16 14 12 Price 10 6 .. ... 2 . . .. ... 6 8 10 12 14 16 18 20 Quantity What is the quantity that will minimize the average total cost? O 11 O 20 0 4 O 7.5
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