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Exhibit 23-8 ​

Question 145

Multiple Choice

Exhibit 23-8
Exhibit 23-8 ​ ​ -Refer to Exhibit 23-8. Assuming that total fixed costs are $80, the average variable cost of producing 5 units of output is A) $38.00. B) $74.00. C) $10.67. D) $38.67. E) There is not enough information given to answer this question. ​
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-Refer to Exhibit 23-8. Assuming that total fixed costs are $80, the average variable cost of producing 5 units of output is


A) $38.00.
B) $74.00.
C) $10.67.
D) $38.67.
E) There is not enough information given to answer this question.

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