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If a company has $2000 of variable costs and $200 in fixed costs when it produces 100 units of output and sells the units for
If a company has $2000 of variable costs and $200 in fixed costs when it produces 100 units of output and sells the units for $40 per unit, the average total costs will equal______.
a.
$55
b.
$22
c.
$55
d.
$10
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