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Labor Output Variable Fixed Total Cost Cost Cost O O 12 1 10 5 2 18 22 3 24 15 4 28 20 32 Consider

Labor Output Variable Fixed Total Cost Cost Cost O O 12 1 10 5 2 18 22 3 24 15 4 28 20 32 Consider the table above. What is the average fixed cost at 24 units of output? O $.50 O $9 O $12 O $27

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