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If fixed costs equal $120, variable costs equal $800, and output is 10, average variable cost equals: a.) $92. b.) $120. c.) $80. d.) $40.
If fixed costs equal $120, variable costs equal $800, and output is 10, average variable cost equals:
a.) $92.
b.) $120.
c.) $80.
d.) $40.
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Auditing And Systems Exam Questions And Explanations
Authors: Irvin N. Gleim
10th Edition
158194246X, 978-1581942460
