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Jan's Bike Shop Labor Output Marginal Total variable Fixed cost (workers) (bikes) Product cost(dollars) (dollars) 100 100 250 $10 350 $15 $20 LO 255 $25
Jan's Bike Shop Labor Output Marginal Total variable Fixed cost (workers) (bikes) Product cost(dollars) (dollars) 100 100 250 $10 350 $15 $20 LO 255 $25 430 $30 The table above gives costs at Jan's Bike Shop. Unfortunately, Jan's record keeping has been spotty. At what output level is average fixed cost at its lowest? 430 O No answer text provided. 100 250
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