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The Following Cost Data Are for a Firm in the Short

Question 308

Multiple Choice

The following cost data are for a firm in the short run. The following cost data are for a firm in the short run.   What is the firm's average variable cost at an output of 5 units? A) $30 B) $60 C) $120 D) $140 What is the firm's average variable cost at an output of 5 units?


A) $30
B) $60
C) $120
D) $140

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