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If a firm is producing 150 units of output at an average variable cost of $7 per unit and total fixed cost is $600, which
If a firm is producing 150 units of output at an average variable cost of $7 per unit and total fixed cost is $600, which of the following is correct
a. total variable cost must be $1650. b. average total cost is then $11 per unit. c. average total cost is $1100. d. total cost is $1050. e. average fixed cost is $6 per unit.
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