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Output Fixed Cost Variable Cost Total Cost Marginal Cost Average Fixed Cost Average Variable Cost Average Cost 0 100 0 (a) 1 100 50 (b)
Output Fixed Cost Variable Cost Total Cost Marginal Cost Average Fixed Cost Average Variable Cost Average Cost 0 100 0 (a) 1 100 50 (b) (e) (h) (k) (n) 2 100 85 (c) (f) (i) (l) (o) 3 100 105 (d) (g) (j) (m) (p)
| Output | Fixed Cost | Variable Cost | Total Cost | Marginal Cost | Average Fixed Cost | Average Variable Cost | Average Cost |
| 0 | 100 | 0 | (a) | ||||
| 1 | 100 | 50 | (b) | (e) | (h) | (k) | (n) |
| 2 | 100 | 85 | (c) | (f) | (i) | (l) | (o) |
| 3 | 100 | 105 | (d) | (g) | (j) | (m) | (p) |
47. What is the value of (h)?
Group of answer choices
150
50
100
25
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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
6th edition
1305968352, 978-1337635653, 978-1305968356
