Question

If the total cost is $70000 and the level of production is 30000 units then the average cost will be

a.

$2.33

b.

$3.33

c.

$4.33

d.

$5.33

Answer: (a).$2.33

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Q. If the total cost is $70000 and the level of production is 30000 units then the average cost will be

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