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23 February, 22:55

Refer to exhibit 7-3. what is the average total cost of producing 60 units of output?

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  1. 23 February, 23:01
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    Exhibit 7-3 shows the variable cost is $80. So do 80/60 and your answer is $1.33.

    I dont take your class but Im assuming this is the answer.
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