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Table 11-3 Table 11-3 Shows Cost Data for Lotus Lanterns, a for Lotus

Question 111

Multiple Choice

Table 11-3
Table 11-3 Table 11-3 shows cost data for Lotus Lanterns, a producer of whimsical night lights. -Refer to Table 11-3.What is the average variable cost per unit of production when the firm produces 90 lanterns? A) $490 B) $33.67 C) $7.67 D) $5.44
Table 11-3 shows cost data for Lotus Lanterns, a producer of whimsical night lights.
-Refer to Table 11-3.What is the average variable cost per unit of production when the firm produces 90 lanterns?


A) $490
B) $33.67
C) $7.67
D) $5.44

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