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The Table Provides Output Levels as Paper Products R Us

question 119

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  The table provides output levels as Paper Products R Us hires more workers. Their capital is currently fixed at 4 units and eac costs $100. Each worker costs $50. -Refer to the table above. What is the average fixed cost of producing 70 units of output? A) $5.71 B) $400 C) $8.57 D) $2.86 The table provides output levels as Paper Products R Us hires more workers. Their capital is currently fixed at 4 units and eac costs $100. Each worker costs $50.
-Refer to the table above. What is the average fixed cost of producing 70 units of output?


Definitions:

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