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This question is worth 1 point for each part, 3 points total. A firm has the following price and cost information Price $10.00 Output 10
This question is worth 1 point for each part, 3 points total. A firm has the following price and cost information Price $10.00 Output 10 Fixed Costs $800.00 Variable Costs $1,100.00 Instructions: Enter all prices as 2 decimal places. Question 1: What is the average fixed cost? $ Question 2: What is the average variable cost? $ Question 3: What is the average total cost? $
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