Assume the following total cost schedule for a perfectly competitive firm. TABLE 9- 2
-Refer to Table 9- 2.If the firm is producing at an output level of 2 units,the ATC is _ and the AVC is _ .
A) $140; $40
B) $50; $50
C) $85; $35
D) $100; $70
E) $70; $35
Correct Answer:
Verified
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