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Business, 06.01.2020 18:31 salgadoj6933
If at optimum output of 1,000 units, the firm is incurring average variable cost per unit of $3, average fixed cost per unit of $1.50, and selling its output at $7 per unit, total profit is group of answer choices a) $1,500. b) $2,500. c) $250. d)$7,000.
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If at optimum output of 1,000 units, the firm is incurring average variable cost per unit of $3, ave...
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