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M Co M Co| Art M Co| Int M Sn| Re f (4) G mi | Ch |X Itt | De | Le @ cli

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M Co M Co| Art M Co| Int M Sn| Re f (4) G mi | Ch |X Itt | De | Le @ cli |& Lo briancollege.ca/mod/quiz/attempt.php?attempt=1952123&cmid=1681486&page=6 IAN GE Student Resources Y Faculty Resources 7 Academic Resources 1101 - 90908 - Microeconomics - 202109 - 006 My courses ECN1101-90908202109 Assessments Assignment 7 - Chapter 7 140 30 20 200 Refer to the graph above to answer this question. Could this firm produce an output of 200 at an average total cost of $20? O a. Yes, and that output is economic capacity. O b. No, this combination would be unobtainable given present resource prices and the current state of technology. O c. Yes, but production would be inefficient. O d. No, this combination is unobtainable because production would be inefficient. Next page page

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