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Cost structure for cabel modems described in the following table. the companies fixed cost = $10 per day

Output per day Cost of Output in thousands

0 10

25 60

50 95

75 150

100 220

125 325

150 465

Calculate the average veriable cost, average fixed cost and average total cost at each output level.

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M9906407
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