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Suppose that a firm produces 10 units of output. Its average variable cost (AVC) is $25, its average fixed cost (AFC) is $5, and its

Suppose that a firm produces 10 units of output. Its average variable cost (AVC) is $25, its average fixed cost (AFC) is $5, and its marginal cost (MC) is $30. Which of the following is true?

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Suppose that a firm produces 10 units of output. Its average variable cost (AVC) is $25, its average fixed cost (AFC) is $5, and its marginal cost (MC) is $30. Which ofthe following is true? Select one: Q a. The firm's total cost is $30. 0 b. The firm's total cost is $300. 0 c. The firm's average total cost is $35. Q d. The firm's average total cost is $60

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