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If the Difference Between Average Cost (AC)and Average Variable Cost

Question 37

Multiple Choice

If the difference between average cost (AC) and average variable cost (AVC) at 200 units is $5,at 400 units of output,the difference between AC and AVC must be:


A) less than $5
B) greater than $5
C) equal to $2
D) equal to $0.50
E) equal to $10

Correct Answer:

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