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Suppose a lawn-mowing business has a mower for which it paid $1,000 and workers for which they pay $10 per hour. Suppose each mower can
Suppose a lawn-mowing business has a mower for which it paid $1,000 and workers for which they pay $10 per hour. Suppose each mower can mow a lawn per hour. Multiple Choice Their average fixed cost is $1,000. Their variable cost per lawn is $10 + $1,000/lawns mowed. Their average fixed cost is $1,000/lawns mowed. Their average fixed cost is $10 per lawn mowed
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