The AVC at 2 units is: A) 80; B) 35; C) can not be determined; D) 70; E) 40.

Microeconomics
13th Edition
ISBN:9781337617406
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter8: Production And Costs
Section8.4: Costs Of Production: Total, Average, Marginal
Problem 1ST
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The AVC at 2 units is:
A) 80;
B) 35;
C) can not be determined;
D) 70;
E) 40.

Table: Total Cost and Output
Output
Total Cost
$10
60
2
80
110
4
170
245
Transcribed Image Text:Table: Total Cost and Output Output Total Cost $10 60 2 80 110 4 170 245
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