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Exhibit 22-2 -Refer to Exhibit 22-2.What Is the Average Variable Cost of Average

Question 62

Multiple Choice

Exhibit 22-2
Exhibit 22-2 -Refer to Exhibit 22-2.What is the average variable cost of producing 120 units of output? A) $0.67 B) $1.17 C) $1.00 D) $1.44 E) There is not enough information provided to answer the question.
-Refer to Exhibit 22-2.What is the average variable cost of producing 120 units of output?


A) $0.67
B) $1.17
C) $1.00
D) $1.44
E) There is not enough information provided to answer the question.

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