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At the end of the year, a firm produced 20,000 laptop computers. Its total costs were $10
million, and its fixed costs were $5 million. What are the average variable costs (to the nearest
dollar) of this firm? s

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At the end of the year, a firm produced 20,000 laptop computers. Its .pdf

  • 1. At the end of the year, a firm produced 20,000 laptop computers. Its total costs were $10 million, and its fixed costs were $5 million. What are the average variable costs (to the nearest dollar) of this firm? s