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Author Question: The Framing Gallery frames posters. The Framing Gallery has total fixed costs of $500. The Framing ... (Read 179 times)

natalie2426

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on: Apr 19, 2019

Question 1

Average total cost


◦ measures the spread of overhead across output.
◦ is the average cost of producing each unit of output.
◦ is always increasing.
◦ the sum of fixed cost and average variable cost.

Question 2

The Framing Gallery frames posters. The Framing Gallery has total fixed costs of $500. The Framing Gallery's average variable cost is $20 and its average total cost is $25. The Framing Gallery is currently framing


◦ 5 posters.
◦ 25 posters.
◦ 100 posters.
◦ a number of posters that is indeterminate from this information.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by natalie2426 on Apr 19, 2019

Jevvish

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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natalie2426

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Reply 2 on: Apr 19, 2019
Thanks for the timely response, appreciate it

Animal_Goddess

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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