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Refer to the Following  Output  Total Cost 0$30050800100105015016502002400\begin{array}{rr}\text { Output } & \text { Total Cost } \\\hline 0 & \$ 300 \\50 & 800 \\100 & 1050 \\150 & 1650 \\200 & 2400\end{array}

Question 48

Multiple Choice

Refer to the following:

 Output  Total Cost 0$30050800100105015016502002400\begin{array}{rr}\text { Output } & \text { Total Cost } \\\hline 0 & \$ 300 \\50 & 800 \\100 & 1050 \\150 & 1650 \\200 & 2400\end{array}
-What is average fixed cost when 150 units of output are produced?


A) $2
B) $9
C) $11
D) $16.50
E) none of the above

Correct Answer:

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