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If Average Total Costs Are $40 and Average Variable Cost

Question 136

Multiple Choice

If average total costs are $40 and average variable cost are $20 at 10 units of output and the marginal cost of the 11th unit is $30, what do average fixed costs equal at 11 units of output?


A) $18.18
B) $20.90
C) $37.86
D) $200.00

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