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The Table Below Shows How Total Cost Varies with Output

Question 80

Multiple Choice

The table below shows how total cost varies with output in a factory producing bicycles. Based on the table, the level of output (in thousands) at which average total cost is minimized is _____.Table 6-6 The table below shows how total cost varies with output in a factory producing bicycles. Based on the table, the level of output (in thousands)  at which average total cost is minimized is _____.Table 6-6   A) 1 B) 2 C) 3 D) 4 E) 6


A) 1
B) 2
C) 3
D) 4
E) 6

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