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Widgets Inc. produces widgets. If Widget's Fixed Costs are $16,000 and the Average Variable costs of producing an output of 50 widgets is $80, then
Widgets Inc. produces widgets. If Widget's Fixed Costs are $16,000 and the Average Variable costs of producing an output of 50 widgets is $80, then Total Cost of producing that quantity of output is: impossible to calculate with the information given $400 O $4,000 $20,000
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