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Author Question: The Framing Gallery frames posters and has total fixed costs of $1,000. The Framing Gallery is ... (Read 57 times)

jessicacav

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on: Apr 19, 2019

Question 1

________ is the average cost of producing each unit of output.


◦ Average fixed cost
◦ Average total cost
◦ Average variable cost
◦ Marginal cost

Question 2

The Framing Gallery frames posters and has total fixed costs of $1,000. The Framing Gallery is currently framing ________ posters if its average variable cost is $20 and its average total cost is $30.


◦ 5
◦ 25
◦ 100
◦ an indeterminate number of
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by jessicacav on Apr 19, 2019

dajones82

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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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jessicacav

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Reply #2 on: Apr 19, 2019
Thank you!


dajones82

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Reply #3 on: Apr 19, 2019
Always glad to help...


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