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Figure and Table: Variable,Fixed,and Total Costs
-(Figure and Table: Variable,Fixed,and Total Costs) Use Figure and Table: Variable,Fixed,and Total Costs.When 96 kilograms of wheat is produced,the average fixed cost is _____,the average variable cost is _____,and the average total cost is _____.
A) $7.84;$11.76;$19.60
B) $133.33;$200.00;$333.33
C) $4.17;$16.67;$20.83
D) $5.33;$13.33;$18.67
Correct Answer:
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Q141: (Figure: Long-Run and Short-Run Average Cost Curves)Use
Q142: In the long run,all costs are:
A)fixed.
B)constant.
C)variable.
D)marginal.
Q144: Where the long-run average total cost curve
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