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Economics

At its current short-run level of production, a firm's average variable costs equal $15 per unit, and its average fixed costs equal $25 per unit. It's total costs at this production level equal $800.

1. What is the firm's current output level? ___ Units

2. What are its total variable costs at this output level? $____

3. What are its total fixed costs? $____

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M91236825

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