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(Figure) the Figure Shows the Cost Curves for a Representative

Question 187

Multiple Choice

(Figure) The figure shows the cost curves for a representative firm. At an output level of 5 units, the average fixed, variable, and average total costs, respectively, would be
(Figure)  The figure shows the cost curves for a representative firm. At an output level of 5 units, the average fixed, variable, and average total costs, respectively, would be   A)  $120; $66.67; $186.67 B)  $40; $80; $120 C)  $66.67; $53.33; $120 D)  $100; $120; $220


A) $120; $66.67; $186.67
B) $40; $80; $120
C) $66.67; $53.33; $120
D) $100; $120; $220

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